Question: (6) Classify each material into ABC category and determine the average inventory of each item in dollars, and obtain the total average inventory. 20 Use

(6) Classify each material into ABC category and

(6) Classify each material into ABC category and determine the average inventory of each item in dollars, and obtain the total average inventory. 20 Use thresholds between A and B as $100,000, and between B and C as $25,000, that is consumption of $100,000 and above are A items, and consumption of $25,000 or below are C items. Give the number of orders as 8 for A, 4 for B, and 2 for C. Give your answer in the table below: Material Price/ Demand Consumption ABC Number of Average Inventory No. unit units S/year Classification Orders S (A/B/C) 1 9.50 12,200 115,900 2 38.50 255 9,817.5 3 10.00 1,600 16,000 4 1.40 40,000 56,000 5 4.00 3,300 13,200 Total

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