Using the ABC Classification System for Inventory, Which of the Following

question 33

Multiple Choice

Using the ABC classification system for inventory, which of the following is a true statement?

• A) The "C" items are of moderate dollar volume
• B) You should allocate about 50% of the dollar volume to "B" items
• C) The "A" items are of low dollar volume
• D) The "A" items are of high dollar volume
• E) Inexpensive and low usage items are classified as "C" no matter how critical

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Definitions:

Exoskeleton

A rigid external covering for the body in some invertebrate animals, especially arthropods, providing both support and protection.

Bony Tissue

Hard tissue that makes up the skeletal bones in vertebrates, providing support, protection, and enabling mobility.

Echinodermata

A phylum of marine animals characterized by radial symmetry, a water vascular system, and typically a spiny skin.

Radially Symmetrical

A form of symmetry in which body parts are arranged around a central axis, allowing for symmetry in multiple planes.