This is Part 4 of the One-Liner series. If you find this one-liner series helpful, show your support in the comment section.
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1. Sydney Webb and Beatrice Webb coined the term "Collective Bargaining".
2. VED analysis stands for Vital, Essential, and Desirable
3. ABC analysis stands for Always Better Control
4. SDE analysis stands for Scarce, Difficult, Easily available
5. HML analysis stands for High, Medium, and Low Cost
6. In the A-B-C control policy, Maximum attention is given to those items that consume more money.
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