The ABC classification system answers which two of the following questions?
The ABC classification system answers which two of the following questions?
The ABC classification system is used to prioritize and manage inventory items based on their importance, typically using criteria such as usage value or demand frequency. It helps determine the importance of each inventory item and how these items will be controlled. Therefore, it answers the questions: What is the importance of the inventory item, and how will the inventory items be controlled?
B. What is the importance of the inventory item, and how will the inventory items be controlled? The ABC classification system is used to prioritize and manage inventory items based on their importance, typically measured by their usage value or demand frequency. This system helps answer questions about the importance of each inventory item (A-items being the most important, C-items being the least) and how the items will be controlled, with more attention and resources being allocated to the high-value or high-demand items.
The correct answer is B.