What Is Generally True About the Class B SKUs in ABC

question 97

Multiple Choice

What is generally true about the class B SKUs in ABC analysis? They represent about:

• A)20 percent of all SKUs and about 80 percent of the dollar usage.
• B)80 percent of all SKUs and about 20 percent of the dollar usage.
• C)30 percent of all SKUs and about 15 percent of the dollar usage.
• D)50 percent of all SKUs and about 95 percent of the dollar usage.

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Definitions:

Demand

The desire and ability of consumers to purchase goods or services at given prices.

Supply

The total amount of a product or service that is available for purchase at any given price.

Dollar Appreciates

A situation where the value of the U.S. dollar increases compared to other currencies, affecting international trade and economic dynamics.

Interest Rates

The cost of borrowing money or the rate at which interest is paid by a borrower for the use of money.