What Implies That About 20% of the Inventory Items Will

question 42

Multiple Choice

What implies that about 20% of the inventory items will account for about 80% of the inventory value?

• A) Little's law
• B) Friedman's law
• C) Pablo's proposition
• D) Keyne's law
• E) Pareto's law

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Definitions:

DP

An abbreviation that can refer to different concepts depending on the context, such as "Dual Purpose", "Dew Point", or "Distribution Point" in various fields.

Shaft Speed

The rotational speed of a shaft, measured in revolutions per minute (RPM), indicating how fast the shaft is spinning.

Spur Gears

Gears with teeth that are straight and mounted on parallel shafts, commonly used in machinery for transferring motion and power.

Perpendicular

Describes two lines or planes that intersect at a right angle (90 degrees) to each other.