"A" products in the ABC inventory method are those products
A) whose dollar value accounts for 5%-10% of the inventory value.
B) kept on hand as backup supply to ensure against sudden increase in usage.
C) that the managers should monitor and control very closely.
D) whose order cost and holding cost are equal.

Question

Quizplus · Accepted Answer

In the ABC inventory method, "A" products are those with the highest value and require close monitoring and control due to their significant impact on the overall inventory value.

"A" Products in the ABC Inventory Method Are Those Products