In the A-B-C classification system,items which account for 70 to 80 percent of the annual dollar value (ADV)but relatively few inventory items in terms of the number of SKUs would be classified as:
A)A items.
B)B items.
C)C items.
D)either A items or B items.
E)either B items or C items.

Question

Quizplus · Accepted Answer

A items in the A-B-C classification system are those that account for a high percentage of the annual dollar value (ADV) but are relatively few in number. This classification helps in focusing efforts on managing these high-value items more effectively.

In the A-B-C Classification System,items Which Account for 70 to 80