What Is Generally True About the Class a Items in ABC

question 151

Multiple Choice

What is generally true about the class A items in ABC analysis? They represent

• A) about 20 percent of all items.
• B) about 30 percent of all items.
• C) about 20 percent of the dollar usage.
• D) about 50 percent of the dollar usage.

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Definitions:

High School Classmates

Individuals who attended or are attending the same high school during the same years, sharing a part of their educational journey and experiences.

Big Promotion

A significant advancement or raise in position, often within a professional setting, accompanied by increased responsibilities and benefits.

Solomon Asch Experiment

A series of psychological experiments conducted in the 1950s by Solomon Asch, demonstrating the power of conformity in groups.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, politics, or societal expectations.