Q211
ABC analysis is an inventory control technique in which:
A.
Inventory levels are maintained
B.
Inventory is classified into A, B and C category with A being the highest quantity, lowest value
C.
Inventory is classified into A, B and C Category with A being the lowest quantity, highest value
AnswerD.
Either b or c
Answer: Option C
Solution
Answer: Option C
Solution:
ABC analysis is an inventory control technique in which Inventory is classified into A, B and C Category with A being the lowest quantity, highest value.