Question: ( 2 ) Classify each material into ABC category and determine the average inventory in dollars. ( 1 0 p t s ) Give the

(2) Classify each material into ABC category and determine the average inventory in dollars. (10pts)
Give the number of orders you have assigned for these categories in the Number of Orders column (Use 8 for A,4 for B, and 2 for C).
Find and define the threshold you used and how you came up with them.
\table[[\table[[Material],[No.]],\table[[Price/],[unit]],\table[[Demand],[units]],\table[[Consumption],[$/year]],\table[[ABC],[Classification],[(A/B/C)]],\table[[Number of],[Orders]],\table[[Average],[Inventory],[$]]],[1,2.00,15,000,,,,],[2,6.45,1,400,,,,],[3,9.35,12,200,,,,],[4,12.70,5,500,,,,],[5,2.25,4,500,,,,],[6,10.35,12,000,,,,],[7,38.50,205,,,,],[8,6.00,1,700,,,,],[9,2.40,40,000,,,,],[10,4.00,3,000,,,,]]
 (2) Classify each material into ABC category and determine the average

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