ABC analysis is a commonly used inventory classification method that helps prioritize management attention across different inventory items. Which of the following statements about ABC analysis is true?It is important to maintain low inventory turnover rates of class A items.It is based on the rule that 20% of items in inventory account for 80% of the total value of inventory.The inventory holding cost of class C items tends to be high.An item in inventory is critical if its usage is high.An item in inventory is critical if its price is high.