VED stands for
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Various items, Essential items, Desirable Items
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Vital Items, Essential Items, Desirable Items
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Vital Items, Essential Items, Dead Items
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Vital Items, Economic Items, Desirable Items
Reveal answer
Fill a bubble to check yourself
B
Correct answer
Explanation
VED stands for Vital Items, Essential Items, Desirable Items -Vital Items must be stored adequately for smooth operation of plant, as their non-availability leads to stoppage of prodcution. Essential items are considered essential for efficient running, but without which the system would not fail. D stands for desirable items which do not affect the production, but availability of such items leads to more efficiency and less fatigue. VED analysis divides items into three categories in the descending order of their criticality.