Can anyone elaborate on the ABC analysis of management?

The so-called ABC analysis may refer to:

ABC Classification (Activity Based Classification), also known as Pareto analysis or Baretto analysis, Plato analysis, primary and secondary factor analysis , ABC analysis, ABC law, classification management method, focus management method, ABC management method, abc management, Barrett Analysis, it is based on the main characteristics of things in the technical or economic aspects of the classification queue, to distinguish between the focus and general, so as to differentially determine the management of a method of analysis. Because it divides the object being analyzed into three categories, A, B and C, it is also known as the ABC analysis method.

ABC cost method (Activity Based Costing), also known as job cost analysis, job costing method, job costing method, ABC analysis is an activity-based costing system. Some scholars believe that this costing idea originated in the late 1930s and early 1940s in the U.S. accountant Kohler (E. Kolher) thought. Kolher found that the traditional allocation of overhead costs in terms of labor hours did not allow for the correct calculation of costs in the hydropower industry. Because compared to the labor mainly used to monitor and maintain the equipment, the main cost of hydroelectric power generation is the depreciation of fixed assets such as power generation facilities and maintenance costs and other overhead costs, while the raw material water does not need to be purchased from the market. Therefore, Kohler proposed the "job costing method".