Question: Analyze the following data to produce an ABC classification based on annual dollar usage. Part Number 1 2 3 4 5 6 7 8 9

Analyze the following data to produce an ABC classification based on annual dollar usage.

Part Number 1 2 3 4 5 6 7 8 9 10

Part Number 1 2 3 4 5 6 7 8 9 10 Annual Unit Usage 200 17,000 60,000 15,000 1500 120 25,000 700 25,000 7500 Unit Cost $ 10 4 6 15 10 50 2 3 1 Annual $ Usage

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