Activity $4-$ ABC Counts

A company has $5000$ different items in inventory and wants to use an ABC analysis for cycle counting purposes.

They have the following info to help them

$22\%$ of the items can be classified as A items and they are to be cycle counted $1$ per month

$33\%$ of the items can be classified as B items and they are to be cycle counted every $3$ months

C items are to be counted twice a year

The company operates $5$ days per week and $50$ weeks per year

Fill out the chart below:

Classification Number of Items Count Frequency per Year Number of Counts per Year $\%$ of Total Counts Counts per Day

A

B

C

Total Counts per Year

Workdays per Year

Counts per Day