Which of the following is a method for classifying products that are most sensitive to delivery times?
A) Economic impact analysis
B) ABC analysis
C) Cost-benefit analysis
D) CPM analysis

Question

Quizplus · Accepted Answer

ABC analysis is a method for classifying products based on their value to the organization. This analysis categorizes products into three groups based on their impact on the business. Group A products are the most valuable and the most sensitive to delivery times. Therefore, ABC analysis is the best method for identifying products that are most sensitive to delivery times.

Which of the Following Is a Method for Classifying Products