ABC INVENTORY CLASSIFICATION
\ˌe͡ɪbˌiːsˈiː ˈɪnvəntɹˌi klˌasɪfɪkˈe͡ɪʃən], \ˌeɪbˌiːsˈiː ˈɪnvəntɹˌi klˌasɪfɪkˈeɪʃən], \ˌeɪ_b_ˌiː_s_ˈiː_ ˈɪ_n_v_ə_n_t_ɹ_ˌi k_l_ˌa_s_ɪ_f_ɪ_k_ˈeɪ_ʃ_ə_n]\
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The Pareto analysis as related to inventory control. There are three categories for the items in question. This is based on their revenue generation, turnover, or value. Typically this is done on the ABC model where an A is the best stock and C is the worse stock. Other terms for this concept are usage value analysis and ABC analysis.
By Henry Campbell Black
Word of the day
Procollagen Proline Dioxygenase
- mixed-function oxygenase that catalyzes hydroxylation prolyl-glycyl-containing-peptide, usually in protocollagen, hydroxyprolylglycyl-peptide. The enzyme utilizes molecular oxygen with a concomitant oxidative decarboxylation of 2-oxoglutarate to succinate. EC 1.14.11.2.
Nearby Words
- abbrochment
- abc
- abc agreement
- abc algol
- abc analysis
- ABC INVENTORY CLASSIFICATION
- abc transporters
- abc's
- abcl/1
- abcl/c+
- abcl/r