Question: (a) Fill out the blanks in the table completely. (b) What is the highest dollar volume percentage (%)? Problem 12.1 8 Question Help o L.
(a) Fill out the blanks in the table completely.
(b) What is the highest dollar volume percentage (%)?
Problem 12.1 8 Question Help o L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Item Code L. Houts Plastics Charlotte Inventory Levels Avg. Inventory Value Dollar (units) ($/unit) Volume 420 3.50 % of Dollar Volume 1289 2347 2349 300 120 4.00 2.50 1,200 300 35.72 8.93 2363 75 1.80 2394 60 1.75 105 3.13 2395 25 2.00 23 6782 7844 20 12 1.15 2.05 0.68 0.73 25 8210 10 2.00 7 14 8310 9111 2.00 3.00 0.42 0.54 6 18 3,360Step by Step Solution
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