Answer:
c. They account for a larger dollar value than class C items
Explanation:
The ABC inventory analysis is a method of classifying inventory in three main groups: A, B and C, where group A items include items that are most valuable and group C items the least valuable ones.
Conceptually similar to the Pareto principle, this method revolves around the fact businesses should focus on a limited scope of products, services or procedures that bring the most profit in comparison to other products/services.
Since group A items are critical to supply chain success, they require close monitoring by the operations managers and are rarely managed by wholly automated systems.
Like in the Pareto principle, A items usually have 10-20% share in the total item share, while they bring 70-80% of total profit.
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below are the choices that should accompanied your question above the answer is D.
<span>a. corporate responses to changes in the business environment
b. assessment of competitors strengths
c. identification of customer needs
d. development of core competencies</span>
<span>The greatest risk of insolvency</span> can be determined with a variety of factors.
