Which of the following are the recommended percentage groupings of the ABC class

Question

Which of the following are the recommended percentage groupings of the ABC classifications of the dollar volume of products?

A items get 25%, B items get 15%, and C items get 60% Question 19 1 pts Which of the following are the recommended percentage groupings of the ABC classifications of the dollar volume of products? 0 A items get 25%, B items get 15%, and C items get 60% 0 A items get 15%, B items get 45%, and C items get 40% items get 25%, B items get 35%, and C items get 40% A items get 10%, B items get 40%, and C items get 50% , A items get 20%, B items get 30%, and C items get 50%

Explanation / Answer

A items get 20%, B items get 30%, and C items get 50%

It will help in classifying and managing the inventory.

The steps to classify ABC analysis

Calculate annual usage for each product.

Calculate the % of the total usage by product.

Rank the product from highest to lowest %.

Than Classify the products into groups

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