ABC analysis is a method of categorizing inventory items into three categories, A, B, and C, based on their importance. 'A' items are very important, 'B' items are important, and 'C' items are marginally important. This method helps businesses focus on items that require more attention. Dynamic pricing, on the other hand, is a strategy where businesses set flexible prices for products or services based on market demands. ABC analysis can be related to dynamic pricing in a way that the 'A' items, being the most important, might be priced higher due to their high value. However, the content provided does not directly relate ABC analysis to dynamic pricing.
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