State ABC analysis related to energy audit.
ABC analysis related to energy audit: ABC analysis provides a mechanism for identifying different categories of activities/stocks/items that will require different management and controls.
i) “A class inventory” contains items that account for 70% of total value.
ii) “B class inventory” contains items that account for 20% of total value.
iii) “C class inventory” contains items that account for 10% of total value.
ABC analysis is the material management technique which helps energy audit process to achieve the goal of energy audit.