In ABC inventory analysis, which of the following is TRUE of class C items?
A) Close control of Class C items (more than of class A or class B items) is required.
B) Class C items are critical items that must be monitored with a fixed-period system as they have low unit costs and a high volume.
C) Class C items make up a lower percentage of total dollar value than either class A or class B items.
D) Class C items make up for 10 to 20 percent of inventory items and 60 to 80 percent of the total dollar usage.

Question

Quizplus · Accepted Answer

Class C items make up a lower percentage of total dollar value than either class A or class B items. They are typically low-value items and require less control compared to class A or class B items.

In ABC Inventory Analysis, Which of the Following Is TRUE