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    Business
  3. Study Set
    An Introduction to Operations Management
  4. Exam
    Exam 8: Managing Inventory
  5. Question
    The ROP Approach Works Best for a Category Items (In
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The ROP Approach Works Best for a Category Items (In

Question 26

Question 26

True/False

The ROP approach works best for A category items (in ABC analysis) and for vital (VED) items where stock-outs can lead to serious losses in revenues or catastrophic consequences.

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