MCQOPTIONS
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| 1. |
ABC analysis is based upon the principal that |
| A. | All items in inventory must be monitored very closely |
| B. | These are very usually a few critical items zmd many items which are less critical |
| C. | An item is critical if its usage is high |
| D. | The safety stock in terms of volume should be higher for a items than for items |
| Answer» C. An item is critical if its usage is high | |