X-Y-Z Analysis Assignment Help

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X-Y-Z Analysis

This is based on the value of the item. One often gets confusion between value and cost. Cost is the expenditure incurred to manufacture or price paid to acquire while value one's own feeling or worth to pay. For example the appointment orders of employees of the company may cost less but valued more.

In this system

  • X indicate low value items,
  • Y indicates medium value items and
  • Z indicates high value items.

 

Example

Z - Type security is given for high valued persons.

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