Question: ABC analysis is based upon the principle that there are usually a few critical items, and many items which are less critical more time should

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

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