With an A-B-C system,an item that had a high demand quantity but a low annual dollar volume would probably be classified as:
A)A
B)B
C)C
D)A or B

Question

Quizplus · Accepted Answer

In an A-B-C system, classification is based on the annual dollar volume of an item and its contribution to overall inventory costs. Therefore, an item with high demand but low annual dollar volume would have a low overall revenue contribution and would likely fall in the C category.

With an A-B-C System,an Item That Had a High Demand