ABC curve

01.06.2011 22:14

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ABC curve

1) ABC analysis whereby, for example, products or product lines can be categorized into A, B and C groupings where A represents fast movers, B = medium movers and C = slow movers. D usually represents obsolete items. Frequently drawn as a graph (or curve). See also Pareto - a system of analysis taking account of the 80/20 rule whereby generally 80 per cent of sales are for only 20 per cent of products.

Source: David Lowe. The Dictionary of Transport and Logistics. Kogan Page, 2002. – P.2 (288 p.)


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