Question: ABC analysis is based upon the principle that: ABC analysis is based upon the principle that: all items in inventory must be monitored very closely.

ABC analysis is based upon the principle that:
ABC analysis is based upon the principle that:
all items in inventory must be monitored very closely.
more time should be spent on class "C" items because there are many more of them
an item is critical if its usage is high.
there are usually a few critical items, and many items that are less critical.

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