In the A-B-C Classification System,items Which Account for About 5

question 41

Multiple Choice

In the A-B-C classification system,items which account for about 5 - 10 percent of the annual dollar value (ADV) but 50 - 60 percent of the SKUs in inventory would be classified as:

• A)A items.
• B)B items.
• C)C items.
• D)either A items or B items.
• E)either B items or C items.

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Definitions:

Division Of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.

Widowhood

The state or period of being a widow or widower, experienced after the death of a spouse.

Stress Hormones

Chemicals released in the body in response to stress, including cortisol and adrenaline, which prepare the body for a fight or flight response.

Ego Integrity

A sense of satisfaction and fulfillment that comes from looking back on one’s life, typically achieved in late adulthood.