The ways in which the results of ABC classification can be used by managers. Introduction: Inventory is a stock or store of goods. Every company store lots of goods as inventory which will be used during replenishment periods. ABC classification is a material management technique where the materials are classified based on the impact they create on the inventory cost.

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Chapter 13, Problem 6DRQ

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To determine: The ways in which the results of ABC classification can be used by managers.

Introduction: Inventory is a stock or store of goods. Every company store lots of goods as inventory which will be used during replenishment periods. ABC classification is a material management technique where the materials are classified based on the impact they create on the inventory cost.

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