ABC analysis is a process for categorizing SKUs according to dollar usage so that managers can focus on items with the highest dollar value.

Name: ABC analysis is a process for categorizing SKUs according to dollar usage so that managers can focus on items with the highest dollar value.
Brand: Quizplus
Rating: 4.7 (27 reviews)

Question

Quizplus · Accepted Answer

ABC analysis categorizes items based on dollar usage, with the highest value items categorized as A items and given the most attention from managers.

ABC Analysis Is a Process for Categorizing SKUs According to Dollar