Multiple choice technology packaged enterprise solutions

________ involves ranking your items according to a criterion and then grouping items into classes

  1. a. ABC analysis

  2. b. Cycle analysis

  3. c. Item catalogs

  4. d. None

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

ABC Analysis is the inventory management technique of ranking items based on criteria (usually annual usage value) and grouping them into classes (A, B, C) for different control levels. Cycle analysis refers to inventory counting cycles.