What Is Generally TRUE About Class B SKUs in ABC

question 152

Multiple Choice

What is generally TRUE about 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:

Motivation

The method that starts, directs, and sustains actions aimed at achieving goals.

Needs-Hierarchy

A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated by five basic categories of needs: physiological, safety, love, esteem, and self-actualization, in that order.

21st Century

The period extending from January 1, 2001, to December 31, 2100, characterized by rapid advancements in technology, globalization, and changing social norms.

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.