Question

In ABC analysis, the C items are those which represents-

• A. Small percentage of closing inventory value
• B. Small percentage of total consumption value
• C. High percentage of closing inventory value
• D. High percentage of total consumption

Answer 1

Answer:

B. Small percentage of total consumption value

In ABC analysis, C items are characterized by a small percentage of total consumption value. This classification helps in inventory management by focusing on the items that have less impact on the overall consumption value but might be higher in quantity.