ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

PRODUCTION PLANNING AND CONTROL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In ABC analysis, the C items are those which represents
A
small percentage of the total annual consumption value
B
high percentage of the total annual consumption value
C
small percentage of closing inventory value
D
high percentage of closing inventory value
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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