Retailers often find the 80-20 principle evident within the ABC analysis. What does the 80-20 principle imply?
A. Approximately 80 percent of a retailer's inventory was sold, and 20 percent was wasted.
B. 80 percent of the retailer's customers are repeat customers and only 20 percent are new.
C. Approximately 20 percent of a retailer's sales come from 80 percent of its products.
D. Approximately 80 percent of a retailer's sales come from 20 percent of its products.
E. About 20 percent of a retailer's sales promotion sells 80 percent of its inventory.
Answer: D
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