ABC analysis provides insight into:
A) Total inventory costs
B) Average inventory costs
C) What items account for the most expenditures
D) What items are critical to avoid stock outs
E) High turnover items

Question

Quizplus · Accepted Answer

ABC analysis helps identify which items account for the most expenditures by categorizing inventory into three classes (A, B, and C) based on their importance and value.

ABC Analysis Provides Insight Into