abc analysis is based on the principle that
ABC analysis There are no fixed threshold for each class, different proportion can be applied based on objective and criteria. ABC Analysis is similar to the Pareto principle in that the 'A' items will typically account for a large proportion of the overall value but a small percentage of the number of items.[3] Examples of ABC class are
Business analyst The role of a systems analyst can also be defined as a bridge between the business problems and the technology solutions. Here business problems can be anything about business systems, for example the model, process, or method. The technology solutions can be the use of technology architecture, tools, or software application. System analysts are required to analyze, transform and ultimately resolve the business problems with the help of technology.