ABC analysis

(noun)

The ABC analysis is a business term used to define an inventory categorization technique often used in materials management. It is also known as Selective Inventory Control. Policies based on ABC analysis: A ITEMS, very tight control and accurate records; B ITEMS, less tightly controlled, and good records; and C ITEMS, simplest controls possible and minimal records.

Related Terms

Examples of ABC analysis in the following topics:

  • ABC Technique

    • The ABC analysis is an inventory categorization technique often used in material management wherein accuracy and control decreases from A to C.
    • The ABC analysis is a business term used to define an inventory categorization technique often used in material management.
    • It is also known as "Selective Inventory Control. " Policies based on ABC analysis:
    • The ABC analysis suggests that inventories of an organization are not of equal value.
    • Differentiate different types of inventory items based on ABC inventory analysis

  • Benefits of Inventory Management

    • It also may include ABC analysis, lot tracking, cycle counting support, etc.

  • Inventory Management

    • Processes may also include ABC analysis, lot tracking, and cycle counting support.

  • Inventory Costs

    • It also may include ABC analysis, lot tracking, cycle counting support, etc.

  • Inputs to the Production Schedule

    • It also may include ABC analysis, lot tracking, cycle counting support, etc.

  • ABC Transporters

    • Proteins are classified as ABC transporters based on the sequence and organization of their ATP-binding cassette (ABC) domain(s).
    • Bacterial ABC transporters are essential in cell viability, virulence, and pathogenicity.
    • ABC transporters are divided into three main functional categories.
    • Proposed mechanism of transport for ABC importers.
    • Summarize the function of the three major ABC transporter categories: in prokaryotes, in gram-negative bacteria and the subgroup of ABC proteins

  • Nationalization of the News

    • The larger networks like ABC News , NBC News, and CBS News are able to afford these technologies and are beginning to buy out the smaller, local networks.
    • ABC News is an example of a large networks "buying out" smaller ones.

  • Genetic Control of Flowers

    • A variety of genes control flower development, which involves sexual maturation and growth of reproductive organs as shown by the ABC model.
    • the flowers individual organs must grow (modeled using the ABC model)
    • In the simple ABC model of floral development, three gene activities (termed A, B, and C-functions) interact to determine the developmental identities of the organ primordia (singular: primordium) within the floral meristem.
    • The ABC model of flower development was first developed to describe the collection of genetic mechanisms that establish floral organ identity in the Rosids and the Asterids; both species have four verticils (sepals, petals, stamens and carpels), which are defined by the differential expression of a number of homeotic genes present in each verticil.
    • Diagram the ABC model of flower development and identify the genes that control that development

  • Reporting for a Combined Entity

    • The following is an example of how to calculate consolidated net income -- assume ABC Corporation owns 80% of XYZ Corporation; the remaining 20% is a non-controlling ownership interest.
    • Net Income for 201X for ABC is USD 20,000 and for XYZ net income is USD 8,000.
    • First, to arrive at consolidated net income for the two companies, ABC must eliminate the effect of the equity method used to account for its investment.
    • ABC's net income for the year includes 80% of XYZ's net income, or USD 6,400.
    • Therefore, consolidated income for ABC and its controlling interest in XYZ is USD 20,000 (21,600 - 1,600).

  • Reporting Fair Value

    • The following is an example of how to report investments of less than 20% of shares -- assume ABC Corporation purchases 10% of XYZ's Corporation's common stock, or 50,000 shares.
    • ABC records a journal entry for the purchase by debiting Investment in XYZ Corp. for USD 50,000 and crediting Cash for USD 50,000.
    • ABC records a journal entry debiting Dividends Receivable for USD 50,000 and crediting Dividend Income for USD 50,000.
    • ABC records a journal entry for the purchase by debiting Investment in XYZ Corp. for USD 50,000 and crediting Cash for USD 50,000.
    • ABC records a journal entry debiting Dividends Receivable for USD 50,000 and crediting Dividend Income for USD 50,000.