In ABC inventory analysis, which of the following is FALSE for class A items? Select one: a. Class A items together make up a higher percentage of total inventory value ($) than either class B or class C items. b. Tighter control of class A items (than for class B or class C items) is appropriate. c. It is advisable to manage Class A items using an automated computer system. d. Class A items together make up smaller percentage of inventory items than class C items. e. Class A items individually may have any value ($): small, medium or high.
In ABC inventory analysis, which of the following is FALSE for class A items? Select one: a. Class A items together make up a higher percentage of total inventory value ($) than either class B or class C items. b. Tighter control of class A items (than for class B or class C items) is appropriate. c. It is advisable to manage Class A items using an automated computer system. d. Class A items together make up smaller percentage of inventory items than class C items. e. Class A items individually may have any value ($): small, medium or high.
Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter16: Lean Supply Chain Management
Section: Chapter Questions
Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...
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Question
In ABC inventory analysis, which of the following is FALSE for class A items?
Select one:
a.
Class A items together make up a higher percentage of total inventory value ($) than either class B or class C items.
b.
Tighter control of class A items (than for class B or class C items) is appropriate.
c.
It is advisable to manage Class A items using an automated computer system.
d.
Class A items together make up smaller percentage of inventory items than class C items.
e.
Class A items individually may have any value ($): small, medium or high.
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