Question: 7. HEC Electronics produces 10 different microprocessors to be used by Medtronic. HEC Electronics lacks sufficient personnel in its inventory supply section to closely control

7. HEC Electronics produces 10 different
7. HEC Electronics produces 10 different microprocessors to be used by Medtronic. HEC Electronics lacks sufficient personnel in its inventory supply section to closely control each item stocked. Currently, the existing personnel can review the inventory once a week for at most 5 SKUs (i.e., stock keeping units) and once a month for at most another 5 SKUs. HEC Electronics considers investing in the technology that provides real-time inventory information. However, the budget allows to invest in that technology only for 2 SKUs. As the inventory manager, you are asked to determine how to allocate the inventory control resources across all SKUs. The data about inventory records is provided in "HEC Electronics.xlsx". i. Using the inventory records data, develop an ABC classification for HEC Electronics. Use thresholds of around 70%, 25%, and 5% for A, B, and C items, respectively. (10 points) ii. What would you recommend HEC Electronics for controlling inventory? (5 points) SKU ge monthly de Price per unit 10001 700 S 6.00 10002 200 $ 4.00 10003 2000 $12.00 10004 1100 $ 20.00 10005 4000 $ 21.00 10006 100 $ 10.00 10007 3000 $ 2.00 10008 2500 $ 1.00 10009 500 $ 10.00 10010 1000 $ 2.00

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