The correct answer is A. ABC Analysis.
ABC Analysis is a method of inventory control in which items are classified into three categories (A, B, and C) based on their value. Items in category A are the most valuable and require the most attention, while items in category C are the least valuable and require the least attention. This allows businesses to focus their resources on the items that are most important to their bottom line.
VED Analysis is a method of inventory control in which items are classified into three categories (V, E, and D) based on their value, urgency, and criticality. Items in category V are the most valuable and urgent, while items in category D are the least valuable and critical. This allows businesses to prioritize their inventory and ensure that the most important items are always available.
SDE Analysis is a method of inventory control in which items are classified into three categories (S, D, and E) based on their storage, demand, and economic order quantity. Items in category S require the most storage space, while items in category E have the lowest economic order quantity. This allows businesses to optimize their inventory storage and ordering costs.
GOLF Analysis is a method of inventory control in which items are classified into three categories (G, O, and L) based on their growth, obsolescence, and life cycle. Items in category G are the fastest growing, while items in category L have the shortest life cycle. This allows businesses to manage their inventory in a way that minimizes obsolescence and maximizes sales.
In conclusion, ABC Analysis is the best technique of inventory control for businesses that want to have better control on investment and cost.