You are the materials manager at a distribution company.
You are responsible for setting up the ABC classification of all items as follows:
* Class A materials represent 70 percent of the material value.
* Class B materials represent 20 percent of the material value.
* Class C materials represent 10 percent of the material value but are the most commonly used.
You need to assign an ABC classification value model to all items using those values.
What should you do?
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