They represent about 80 percent of the dollar usage.
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What is abc analysis?</h3>
ABC analysis is a strategy for categorizing inventory in materials management. ABC analysis categorizes inventory into three groups: "A items" with very tight control and accurate records, "B items" with less tightly controlled and good records, and "C things" with the simplest controls and little records.
The ABC analysis provides a mechanism for identifying products that will have a major impact on overall inventory cost as well as a mechanism for identifying distinct stock categories that will require different management and controls.
According to the ABC analysis, an organization's inventories are not of equal worth.
As a result, the inventory is divided into three groups (A, B, and C) based on their estimated importance.
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Answer: <em>decoding</em>
example: is it like decoding with numbers except numbers are letters
Federal Government > State Government
The rationale for this is that we live in a global world and need collective responses to global challenges. Instead of there being a Utah response and a Virginia response to the need for more STEM graduates, there should be a US response. Economies of scale also come into play. It can cost less and be more efficient to have resources centralized.
State Government > Federal Government
America was founded after a revolution rejected a strong central monarchy and America needs to continue to honor that by allowing citizens in Utah to have different approaches than Virginia. When convenient, the states can choose to collectively band together on issues like defense but that should be the exception and not the rule.
Directly leads to criminal acts