Question: What is true in explaining ABC analysis? This process divides items into three classes according to their inventory level OR price level Class A items

What is true in explaining ABC analysis? This process divides items into three classes according to their inventory level OR price level Class A items are just the expensive items Class B and C items account for most of the inventory items but little annual dollar volume Class C accounts for the largest dollar volume of any class Question 24 (1 point) The EOQ model is ideal for independent demand and MRP is ideal for dependent demand inventory control. True False

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