027.4 Test 2 - Requires Respondus LockDown Browser + Webcam Of it is the merein variaulilly III d pruLess UIluEI SLaLISLILal LUILUI. Page 1: Question 28 (1 point) What is the main purpose of ABC analysis in inventory management? 4 To classify inventory items based solely on physical characteristics Page 2: To simplify the process of periodic inventory counts To increase the number of inventory checks conducted annually 7 8 O To focus resources on the few critical inventory parts rather than many trivial ones 10 To ensure that every item is monitored with the same intensity Page 3: Question 29 (1 point) 12 13 According to the product-based approach to quality, quality is viewed as: meeting specific manufacturing standards 15 the totality of features that meet customer expectations a balance between cost and value 10 a measurable and precise variable O a subjective perception that varies by customer