This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: ABC analysis is based upon the principle that (Read 17 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
on: Dec 3, 2019

Question 1

All of the following statements about ABC analysis are true except
◦ it categorizes on-hand inventory into three groups based on annual dollar volume.
◦ it states that there are the critical few and the trivial many inventory items.
◦ it states that all items require the same degree of control.
◦ it is an application of the Pareto principle.
◦ inventory may be categorized by measures other than dollar volume.

Question 2

ABC analysis is based upon the principle that
◦ more time should be spent on class "C" items because there are more of them.
◦ an item is critical if its usage is high.
◦ all items in inventory must be monitored very closely.
◦ as with grade distributions in many MBA courses, there should be more medium-level "B" items than either "A" or "C" items.
◦ there are usually a few critical items, and many items which are less critical.
Operations Management (Canadian Edition) ¦ Heizer, Render, Griffin ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by OSWALD on Dec 3, 2019

Juro

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Dec 3, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


OSWALD

  • Member
  • Posts: 580
Reply 2 on: Dec 3, 2019
Thanks for the timely response, appreciate it

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Life-history cube, a classification of fish, mammals, and altricial birds based on three dimensionle Life-history cube, a classification of fish, mammals, and altricial birds based on three dimensionle
The principle of faunal succession uses animal fossils to tell relative time. The principle of faunal succession uses animal fossils to tell relative time.
A Layer Based on Electrical Properties: The Ionosphere A Layer Based on Electrical Properties: The Ionosphere
The four identity statuses proposed by Marcia, based on Erikson's theory The four identity statuses proposed by Marcia, based on Erikson's theory
Frequency Analysis of Letters Used in the English Language Frequency Analysis of Letters Used in the English Language
The nucleosome core particle derived from X-ray crystal analysis The nucleosome core particle derived from X-ray crystal analysis
Video: Introduction to Cystic Fibrosis

For a complete list of videos, visit our video library