Question: Using the ABC classification system for inventory, which of the following is a true statement? Inexpensive and low usage items are classified as C

Using the ABC classification system for inventory, which of the following is a true statement?
Inexpensive and low usage items are classified as "C" no matter how critical
The "C" items are of moderate dollar value
The "A" items are of low dollar value
You should allocate about 15% of the dollar volume to "B" items
The "A" items are of high dollar value
Using the ABC classification system for

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