Question

In the A-B-C classification system, items which account for about 60 percent of the annual dollar value, but only about 10 to 15 percent of the items in inventory, would be classified as:O B items.

O B items plus C items.
O A items
O A items plus B items
O Citems

Answer 1

Items that account for about 60% of the annual dollar value but only about 10-15% of the items in inventory would be classified as A items in the A-B-C classification system.

Step-by-step explanation:

In the A-B-C classification system, items which account for about 60 percent of the annual dollar value, but only about 10 to 15 percent of the items in inventory, would be classified as A items.

The A-B-C classification system is used to categorize items based on their value and importance in inventory management. A items are typically high-value items that contribute significantly to the annual dollar value, even though they may represent a smaller percentage of the total number of items.

Answer 2

In the A-B-C classification system, items that make up around 60 percent of the annual dollar value but consist of only 10 to 15 percent of inventory items are classified as A items.

Step-by-step explanation:

In the A-B-C classification system, the items that account for about 60 percent of the annual dollar value, but only about 10 to 15 percent of the items in inventory, are classified as A items. This classification system is widely used in inventory management to prioritize items based on their importance and value contribution to the firm. The 'A' category typically consists of the most valuable items, although they are few compared to 'B' or 'C' items.