A-B-C analysis
A. Is a basic technique of materials management
B. Is meant for relative inventory control
C. Does not depend upon the unit cost of the item but on its annual consumption
D. All of the above
Answer: Option D
Solution(By Examveda Team)
A-B-C analysis- Is a basic technique of materials management
- Is meant for relative inventory control
- Does not depend upon the unit cost of the item but on its annual consumption
Related Questions on Industrial Engineering and Production Management
The essential condition for the decompression of an activity is that
A. The project time should change due to decompression
B. After decompression the time of an activity invariably exceeds its normal time
C. An activity could be decompressed to the maximum extent of its normal time
D. None of the above
A. CAM < DAM
B. CAM > DAM
C. CAM = DAM
D. There is no such criterion
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