ABC analysis is based on the presumption that carefully controlling all items is necessary to produce important inventory savings.

Name: ABC analysis is based on the presumption that carefully controlling all items is necessary to produce important inventory savings.
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Question

Quizplus · Accepted Answer

ABC analysis focuses on prioritizing inventory items based on their importance and value, rather than attempting to control all items equally. This allows for more efficient use of resources and potentially significant cost savings.

ABC Analysis Is Based on the Presumption That Carefully Controlling