The following table contains figures on the monthly volume and unit costs for a random sample of

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The following table contains figures on the monthly volume and unit costs for a random sample of 16 items from a list of 2,000 inventory items at a health care facility:
The following table contains figures on the monthly volume and

a. Develop an A-B-C classification for these items.
b. How could the manager use this information?
c. After reviewing your classification scheme, suppose that the manager decides to place item P05 into the A category. What are some possible explanations for this decision?

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Operations Management

ISBN: 9780073525259

11th Edition

Authors: William J. Stevenson

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