The ranking in ABC inventory analysis is based on what?
A) annual dollar usage
B) annual demand in units
C) alphabetical order
D) unit price
E) item number

Question

Quizplus · Accepted Answer

The ranking in ABC inventory analysis is based on annual dollar usage, which is the cost of the item multiplied by the annual demand in units. This method helps classify items based on their importance and impact on inventory management.

The Ranking in ABC Inventory Analysis Is Based on What