Question: A company would like to classify its inventory systems using ABC inventory cassification system. The rules for ABC classification are STRICTLY applied such that 80%

A company would like to classify its inventory

A company would like to classify its inventory systems using ABC inventory cassification system. The rules for ABC classification are STRICTLY applied such that 80% cumulative Budget is assigned to Adass inventory items. The next 15% cumulative budget is assigned to B classinventory items and Oily 59 of the cumulative budget is assigned to C dass inventory items The inventorystems SuareXYZ1 XYZ2 XYZ and XYZ respectively The Annual demands (units per year) for these items are 290, 457 and 59 respectively Ase the corresponding per unit pinces are 19.33.126 and 90 respectively measured in OMR Whichte XYZ XYZ are dassified as Bdass inventory

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