ABC Analysis Is Based Upon the Principle That

question 20

Multiple Choice

ABC analysis is based upon the principle that

• A) all items in inventory must be monitored very closely
• B) there are usually a few critical items, and many items which are less critical
• C) an item is critical if its usage is high
• D) more time should be spent on class "C" items because there are more of them
• E) as with grade distributions in many MBA courses, there should be more medium-level "B" items than either "A" or "C" items

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Definitions:

Huck Fasteners

High-strength, permanent mechanical fasteners that provide vibration resistance and are commonly used in automotive and aerospace applications.

Axle Alignment

The process of adjusting the angles of the wheels so they are set to the car manufacturer's specifications, ensuring the vehicle drives straight and reduces tire wear.

Tram Gauge

A Tram Gauge is a measuring tool used in the automotive and fabrication industries to measure distances and angles during body repair, ensuring that components are properly aligned.

Laser Beam Alignment

A precision technique using laser beams to align components or machinery to exact specifications for optimal performance.