The goal of ABC analysis is to
A) determine the profitability of items.
B) estimate average volume per dollar value.
C) estimate dollar value per pound.
D) to identify the A items for better inventory control.

Question

Quizplus · Accepted Answer

The goal of ABC analysis is to identify the A items for better inventory control. ABC analysis categorizes items based on their importance, allowing businesses to focus their efforts on managing the most critical items. A items are the most important and require closer attention, while B and C items can be managed more efficiently.

The Goal of ABC Analysis Is to