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ABC analysis also ABC classification
Syn: 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, called A, B, and C. The A group usually represents 10% to 20% by number of items and 50% to 70% by projected dollar volume. The next grouping, B, usually represents about 20% of the items and about 20% of the dollar volume. The C class contains 60% to 70% of the items and represents about 10% to 30% of the dollar volume. The ABC principle states that effort and money can be saved through applying looser controls to the low-dollar-volume class items than will be applied to high-dollar-volume class items. The ABC principle is applicable to inventories, purchasing, sales, and so on. Syn: ABC analysis, distribution by value, See: 80-20, Pareto analysis, Pareto's law.
ABB
ABC
ABC Analysis Also ABC Classification
ABC Inventory Control
ABM
ABP
Absentee Rate
Accelerated Depreciation
Acceptable Quality Level (AQL) Or AQL
Acceptable Sampling Plan
Accident Prevention
Accountability
Accounting
Account Manager
Accounts Payable
Accounts Receivable
Accumulation Bin
Acid Test Ratio Also Quick Asset Ratio
Acknowledgment
Acquisition Cost
Action Report Also Action Message
Active Inventory
Active Load
Activity Analysis
Activity Based Costing Also Activity Based Cost Accounting (ABC)
Activity Dictionary
Activity Driver
Activity Level
Activity On Arc Network
Activity Ratio
Actual Cost Of Work Performed
Actual Costs
Actual Cost System
Actual Finish Date
Actual Start Date
Actual Volume
Adaptable
Adaptive
Adaptive Smoothing
Additives
Adjudicate
Administrative Contracting Officer
Advanced Planning System (APS) Or APS Also Advanced Planning And Scheduling (APS)
Advance Material Request
Advertising
After Sale Service Also Field Service
Agent
Aggregate Inventory
Aggregate Inventory Management
Aggregate Lead Time Also Cumulative Lead Time
Aggregate Reporting
AGVS
AI
AIS
Algorithm
Allocated Item
Allocated Material Also Reserved Material
Allocation Costing Also Absorption Costing
Allocative Efficiency
Allowable Cost
Allowed Time
Alpha Factor Also Smoothing Constant
Alternate Feedstock
Alternate Operation
Alternate Work Center
American
Amortization
Analog
Andon
Annual Inventory Count Also Physical Inventory
Annualized Contract
Annual Percentage Rate
Annual Physical Inventory Also Physical Inventory
Annuity
Anova
ANSI
Anticipation Inventories
AOA
AON
AOQ
AOQL
APICS
Apparent Authority
Appellant
Applications Software
Appraisal
Appraisal Costs
Appreciation Of A Currency
APR
APS
AQL
Arbitrage
Arbitration
Arithmetic Mean Also Mean
Arrival Date
Arrow Diagram
Arrow Diagram Method Also Activity On Arrow Network (AOA)
ASCII
ASN
ASQ
ASQC
ASRS
Assays
Assembly
Assembly Bin Also Accumulation Bin
Assembly Lead Time
Assembly Line
Assembly Order
Assembly Parts List
Asset Value
Assignable Cause
Assigned Material Also Reserved Material
Assignee
Assignment Also Allocation
Assignor
Assumed Receipt
ATP
Atp Is Zero Even If Deliveries Have Been Promised
Attachment
Attractability Efficiency
Attractor
Attribute Data Gono Go Information
Attrition Factor
Audit
Authentication
Authentication Key
Authorized Deviation
Automated Data Capture System
Automated Guided Vehicle System (AGVS)
Automated Information System (AIS) Or AIS
Automatic Relief
Automatic Rescheduling
Automation
Autonomation
Autonomous Work Group
Auxiliary Item
Availability
Available Capacity Also Capacity Available
Available Inventory
Available Work
Average Chart
Average Collection Period Also Receivables Conversion Period
Average Cost Per Unit
Average Fixed Cost
Average Forecast Error
Average Outgoing Quality (AOQ) Or AOQ
Average Outgoing Quality Limit (AOQL) Or AOQL
Average Total Cost
Average Variable Cost
Avoidable Cost
Avoidable Delay
Awareness Efficiency
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