Question: a) Use ABC classification (15-20-65) method for the following spare parts of a MRO organization's inventory. Suggest which inventory policy should be adopted for the

a) Use ABC classification (15-20-65) method for

a) Use ABC classification (15-20-65) method for the following spare parts of a MRO organization's inventory. Suggest which inventory policy should be adopted for the spare part "CH34736". (15 marks) Item ID Description Unit Cost Monthly Demand 1 CH34736 1099 55 2 335-299-401-0 130 140 3 S9413-11 700 65 4 740001 150 150 5 1200 75 D717-01-100 FK16588 6 5099 45 7 088-1031-006 14000 45 8 KB296665 120 180 9 4L83-046 500 10 700 QA03963 5709-4 80 70 160 11 200 12 362-509-9002 160 130 13 15999 40 362-509-9002 AB0473993 14 199 140

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