In the context of ABC inventory analysis, which of the following statements is true of class A items
A) They require close control by operations managers.
B) They comprise less than 30 percent of the total dollar usage.
C) They can be managed using automated computer systems.
D) They account for more than 50 percent of inventory items.

Question

Quizplus · Accepted Answer

Class A items are the items that have a high dollar value, and they account for a significant percentage of the total dollar usage of inventory. Therefore, they require close control by operations managers, as they can significantly impact the financial performance of the organization.

In the Context of ABC Inventory Analysis, Which of the Following