Multiple Choice
Which of the following statements concerning ABC analysis is false?
A) Class B items typically account for 20 percent of the company's business in dollars.
B) There are typically less class A items in stock than class B.
C) Class C items typically account for 70 percent of the company's inventory items.
D) Class C items tend to have more complex inventory policies than Class B items.
Correct Answer:

Verified
Correct Answer:
Verified
Q53: List major carrying cost factors.
Q54: Economic order quantity (EOQ)analysis has recently become
Q55: In a JIT system, inventory managers can
Q56: Extra inventory that is used to avoid
Q57: One reason inventory is required is the
Q59: A person is using the normal distribution
Q60: Which of the following uses of inventory
Q61: Discuss why it is sometimes prudent not
Q62: The objective of a(n)_ system is to
Q63: East Valve Distributors distributes industrial valves and