Q. ABC analysis is an inventory control technique in which:
A. Inventory levels are maintained
B. Inventory is classified into A, B and C category with A being the highest quantity, lowest value.
C. Inventory is classified into A, B and C Category with A being the lowest quantity, highest value
D. Either (B) or (C)
Answer: Inventory is classified into A, B and C Category with A being the lowest quantity, highest value