In materials management, ABC analysis is an inventory categorization technique. ABC analysis divides an inventory into three categories—
"A items" with very tight control and accurate records,
"B items" with less tightly controlled and good records, and
"C items" with the simplest controls possible and minimal records.
112) In A-B-C control policy, maximum attention is given to
Answer is:
those items which consume more money
Explanation:
Related Production and Industrial Engineering MCQ with Answers
Answer is:
linear programming
Answer is:
all of the above.
Explanation:
The linear programming techniques can be applied successfully to industries like
* iron and steel
* food processing
* oil and chemical