Question: 1. a. Determine an A-B-C classification for these items: Item Unit Cost Annual Volume (oo) 1 $100 25 2 80 30 3 15 60 4

1. a. Determine an A-B-C classification for these items: Item Unit Cost Annual Volume (oo) 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

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