37. Which of the following statements is NOT true in ABC analysis?
(A) A-items are low valued but are limited or few in number
(B) B-items are medium valued and their number lies in between A and C items
(C) C-items are low valued, but maximum numbered items
(D) None of the above
Answers
I hope the answer is (c)
Concept Introduction: The ABC analysis is very important.
Explanation:
We have been Given: Which of the following statements is NOT true in ABC analysis?
(A) A-items are low valued but are limited or few in number
(B) B-items are medium valued and their number lies in between A and C items
(C) C-items are low valued, but maximum numbered items
(D) None of the above
We have to Find: The Correct answer.
The correct option is Option No. A, A-items are low valued but are limited or few in number. In ABC analysis, a few most important "A" category items, which are in terms of value, accounts for more than sixty percent of total inventory cost. So, controlling 'A" category items produces the vast majority of savings.
Final Answer: The correct option is Option No. A, A-items are low valued but are limited or few in number.
#SPJ3