The selective and analytical approach to control investment in various types of inventories is known as ……………………………
A)ABC Analysis
B)Gross Margin Return on Investment (GMROI)
C)Multiple Attribute Method
D)Sell Through Analysis

Question

Quizplus · Accepted Answer

ABC Analysis is a method used to categorize inventory into three categories (A, B, and C) based on their importance and value, allowing businesses to prioritize their investment and control efforts on the most significant items.

The Selective and Analytical Approach to Control Investment in Various