Sheri's Restaurant has the following 10 items in inventory. You are working doing a co-op internship...
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Sheri's Restaurant has the following 10 items in inventory. You are working doing a co-op internship and I have asked you to analyze 10 inventory items. (Round to two decimal points). a) Develop an ABC classification system for the items listed. b) What is the most expensive item, using annual dollar volume? c) What is the total annual dollar volume for the 10 items? Item R101 $2022 T303 V404 W505 B606 C707 D808 F909 G1010 Annual Demand 4000 5000 2500 7000 2000 600 400 700 2750 3500 Cost/Unit 100 24 90 20 40 100 3000 40 20 10 Sheri's Restaurant has the following 10 items in inventory. You are working doing a co-op internship and I have asked you to analyze 10 inventory items. (Round to two decimal points). a) Develop an ABC classification system for the items listed. b) What is the most expensive item, using annual dollar volume? c) What is the total annual dollar volume for the 10 items? Item R101 $2022 T303 V404 W505 B606 C707 D808 F909 G1010 Annual Demand 4000 5000 2500 7000 2000 600 400 700 2750 3500 Cost/Unit 100 24 90 20 40 100 3000 40 20 10
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