Question: a What procedure is used to develop a Factor Rating in location analysis? 2 b (1) Describe A-B-C Classification approach. 1 (ii) Classify following items

a What procedure is used to develop a Factor

a What procedure is used to develop a Factor Rating in location analysis? 2 b (1) Describe A-B-C Classification approach. 1 (ii) Classify following items as per the given table 2 Item Annual number demand 1 2800 X Y 2 1800 X Y 3 900 X Y 4 1100 X Y 5 950 x Y 6 1445 X Y Where Y = Right 2 digits of your IUB ID Unit cost in Dollar 300.00 500.00 915.00 12.00 4000.00 10.00 Example if your ID is 2345678, then Y=0.78

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