Question

What is abc analysis in inventory control?

Answer 1

ABC Analysis allows inventory or purchasing managers to manage the overall inventories and supplies into three major groups - 

Group A  items generally represent approximately 15%-20% of an overall inventory by item but represent 80% of the value of an inventory.

Group B Items represent 30%-35% of inventory items by item type and about 15% of the value. 

Group C Items represent 50% of actual items but only 5% of the inventory value. 

Answer 2

Answer:

˙❥˙ABC analysis is a method in which inventory is divided into three categories, i.e. A, B, and C in descending value. ... The ABC analysis helps the business to control inventory by letting the management focus on the highest value goods (the A-items) and not on the many low-value goods (the C-items).✧*。

⭐ɦσρε เƭร ɦεℓρ ყσµ⭐

꧁꧂