Randy Jones decided to run an ABC analysis of his 500 stock keeping inventory items. He found that his average inventory was $200,000 and that there were 50 items out of the 500 that cost him $23,000. These 50 items would be classified as items.

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The Answer of Randy Jones decided to run an ABC analysis of his 500 stock keeping inventory items. He found that his average inventory was $200,000 and that there were 50 items out of the 500 that cost him $23,000. These 50 items would be classified as items.

Randy Jones Decided to Run an ABC Analysis of His