Question

    In ABC analysis, A, B and C stand for:

    src="https://www.ixambee.com/questionimage/Chapter/1690965631-202.JPG" alt="" />
    A a Correct Answer Incorrect Answer
    B b Correct Answer Incorrect Answer
    C c Correct Answer Incorrect Answer
    D d Correct Answer Incorrect Answer

    Solution

    In ABC analysis, A, B, and C stand for: A - High value items that account for a large percentage of the total value of inventory. B - Medium value items that account for a moderate percentage of the total value of inventory. C - Low value items that account for a small percentage of the total value of inventory.

    Practice Next