Question: a. Determine an A-B-C classification for these items: Item Unit Cost Annual Volume (00) 1 $100 25 2 80 30 3 15 60 4 50
a. Determine an A-B-C classification for these items:
Item Unit Cost Annual Volume (00)
1 $100 25 2 80 30 3 15 60 4 50 10 5 11 70 6 60 85 7 10 60
b. Find the EOQ given this information: D = 4,500 units/year, S = $36, and H = $10 per unit per year.
c. Find the economic production quantity given this information.
D = 18,000 units/year, S = $100, H = $40 per unit per year, p = 120 units per day, and u = 90 units/day
LO.1
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