critical value analysis |
|
Definition
Type of ABC analysis in which a 'critical value' (based on an item's perceived or known importance) is assigned to every item in an inventory control system.
email to a friend
print this definition
cite this definition
link to this page
critical value analysis is in the Inventory Control & Storage, Planning & Scheduling and Statistics, Mathematics, & Analysis subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/critical-value-analysis.html