Economics · Inventory Management
In the ABC Analysis of Inventory Management, if category 'A' covers high value items and category 'B' covers moderate value items, which class fits the definition of category 'C' items (characterized by having a high percentage of total items but a low percentage of total value)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Class P (10% items, high value)
- 2Class Q (30% items, moderate value)
- 3Class R (60% items, low value)✓
- 4Both Class P and Q
Correct answer
Class R (60% items, low value)
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