ENTREPRENEURIAL OPERATIONS
PRODUCTION PLANNING AND CONTROL
Question
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In ABC analysis, the C items are those which represents
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small percentage of the total annual consumption value
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high percentage of the total annual consumption value
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small percentage of closing inventory value
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high percentage of closing inventory value
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Explanation:
Detailed explanation-1: -A items: 10%–20% of your inventory, accounting for 60%–80% of your annual consumption value. B items: 20%–30% of your inventory, accounting for 20%–30% of your annual consumption value. C items: 50%–70% of your inventory, accounting for 5%–15% of your annual consumption value.
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