___________ inventory is the least expensive, the company can order them in bulk and exercise minimal control.
Answer & explanation
Correct answer: option 3
The inventory control technique known as ABC analysis builds on Pareto's Principle. In ABC
analysis, a company reviews its inventory and sorts all SKUs into three categories, called "A" ,
"B" and "C" items. Items in "C" inventory are the least expensive, the company can order them in bulk and exercise minimal controls; all that really matters is that the company doesn't run out.