Question: ABC analysis is an inventory control technique in which:
(A). Inventory is classified into A, B and C Category with A being the lowest quantity, highest value
(B). Inventory is classified into A, B and C category with A being the highest quantity, lowest value
(C). Inventory levels are maintained
(D). Either b or c
MCQs Answer: (A). Inventory is classified into A, B and C Category with A being the lowest quantity, highest value