Question: Using the ABC classification system for inventory, which of the following is a true statement? About 5 0 percent of all items in stock are
Using the ABC classification system for inventory, which of the following is a true statement?
About percent of all items in stock are typically classified as A items.
Items with the least expensive price per unit are classified as C regardless of their annual usage.
The A items typically represent the highest dollar volume.
Inventory is reviewed more frequently on the C items.
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