Interested to Buy Any Domain ? << Click Here >> for more details...
what is ABC analysis please describe briefly.
- 14 Answers
- 60672 Views
- OGDCL, State Bank of Travancore, I also Faced
- E-Mail Answers
Answer Posted / sarada prasanna patra
ABC ANALYSIS IS BASED ON PARETO PRINCIPLE WHICH STATES
'TRIVIAL MANY, VITAL FEW'.
IF WE CONCENTRATE ON FEW ITEMS BUT OF VITAL VALUE, THEN MORE
PROBLEMS WILL BE SOLVED AT LESS TIME.
IN INVENTORY,A CLASS ITEMS CONSTITUTE OF 15%OF TOTAL
QUANTITY BUT OF VALUE OF 85% OF TOTAL VALUE.
SIMILARLY B FOR 5% QTY AND 20% VALUE.
C FOR 80 % QTY AND 5% VALUE.
THE % VARIES FROM AUTHOR TO AUTHOR AND COMPANY TO COMPANY.
BUT MAIN INTENSION IS TO LIQUADATE MORE INVENTORY VALUE AT
LESS TIME.
HERE VALUE IS CALCULATED AT TOTAL VALUE OF ITEMS, NOT
INDIVIDUAL ITEM VALUE.
IN CERTAIN COMPANY, A CLASS ITEM MEANS VALUE MORE THAN 1
LAKH, B VALUE IS 10000 TO 01 LAKH AND C FOR LESS THAN 10
THOUSAND. THIS IS CASE OF INDIVIDUAL VALUE.
| Is This Answer Correct ? | 14 Yes | 7 No |
Post New Answer View All Answers
What is the working of operation Manager?& What is Inventory mamagement?
State the basic elements of an export sales contract.
distinguish between recruitment nad selection
What is RPS price?
why u have not worked anywhere for 3 years
Distinguish between foreign direct investment and portfolio investment?
Do you think there is a need for multilateral investment agreement? Give reasons.
What adjustments will you have to make in transitioning from the private sector to the public sector?
what is the job of madical representative?
where ESI applicable in Industrial area , WC can be taken from general insurance companies, if so will it be valid ?
Tell us about your experience in licensing.
Tell us about the most difficult negotiation that you've participated in. What was your role? How did you influence the success or failure of the negotiations?
WHAT IS THE PROCEDURES FOR TAKING(APPROVAL) ISO 9001 2008 AND OTHER RELATED STANDARDS? give answer in details step by step.
Describe the present status of Indian clothing industry in terms of technologyand production.
What is logistics? List about what is work of logistics supervisor?
