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Oakwood Hospital is considering using ABC analysis to classify laboratory

Oakwood Hospital is considering using ABC analysis to classify laboratory

Oakwood Hospital is considering using ABC analysis to classify laboratory SKUs into three categories: those that will be delivered daily from their supplier (Class A items), those that will be controlled using a continuous review system (B items), and those that will be held in a two bin system (C items). The following table shows the annual dollar usage for a sample of eight SKUs. Rank the SKUs, and assign them to their appropriatecategory.

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