Examlex
Given the equations below, which description best fits the physical situation?
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a given time period.
ABC Analysis
A method of categorizing inventory into three classes, A, B, and C, based on their value, volume, or frequency, to prioritize management focus and resources.
SKU
Stock Keeping Unit, a unique identifier for each distinct product and service that can be purchased.
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