Question: False/True? Why? In the A-B-C classification system, items which account for 70 to 80 percent of the annual dollar value (ADV) but relatively few inventory

False/True? Why?

  1. In the A-B-C classification system, items which account for 70 to 80 percent of the annual dollar value (ADV) but relatively few inventory items in terms of the number of SKUs would be classified as B.

  1. Relative to the basic EOQ model, the introduction of quantity discounts will cause the always greater optimum order quantity.

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