Economics · Inventory Management
Identify the correct statement representing Class A items as per the ABC analysis in inventory management.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The next 15-25% of items account for 10-20% of the consumption value
- 2The balance 65-75% of items account for 70-80% of the consumption value
- 3The balance 65-75% of items account for 5-10% of the consumption value
- 410-20% of the items account for 70-80% of the total consumption value✓
Correct answer
10-20% of the items account for 70-80% of the total consumption value
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