The items that will be least lightly controlled are to be determined. Concept Introduction : ABC classification scheme is an inventory tool which classifies inventory based on its importance. More the important an inventory is, more importance is given and labelled as A. It helps in inventory management and good care is taken when priorities are classified according to this analysis.

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Chapter 10, Problem 8P

Summary Introduction

Interpretation: The items that will be least lightly controlled are to be determined.

Concept Introduction: ABC classification scheme is an inventory tool which classifies inventory based on its importance. More the important an inventory is, more importance is given and labelled as A. It helps in inventory management and good care is taken when priorities are classified according to this analysis.

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