Exam (elaborations)
APICS CPIM PART 1 V7 MODULE 5 STUDY GUIDE 2023
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ABC classification - The classification of a group of items in decreasing order of annual dollar volume (price multiplied by projected volume) or other criteria. This array is then split into three classes [...]. The [first] group usually represents 10 percent to 20 percent by number of items and 5...
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