92. What does ABC analysis mean?Procedure to determine the importance of an object.You perform an ABC analysis to classify objects according to specific criteria or performance measures. Each object is assigned one of the following three indicators: A: important B: less important C: relatively unimportant An object can be a material, a vendor, or a plant.ABC analyses are used in Materials Management, Plant Maintenance, Cost Accounting, the Logistics Information System and ABAP Query.