Using the ABC classification system for inventory, which of the following is a true statement?
A) The "C" items are of moderate dollar volume
B) You should allocate about 50% of the dollar volume to "B" items
C) The "A" items are of low dollar volume
D) The "A" items are of high dollar volume
E) Inexpensive and low usage items are classified as "C" no matter how critical

Question

Quizplus · Accepted Answer

The "A" items in the ABC classification system are typically those with the highest dollar volume, meaning they are the most valuable and often require the most attention in inventory management.

Using the ABC Classification System for Inventory, Which of the Following