Advance Operations Management

QUESTION 2 - INVENTORY MANAGEMENT - 25 Marks Using the information in the Table below what are the appropriate ABC groups of inventory items? What inventory cycle counting and management systems would you recommend for each category? BC Analysis Stock Number Annual Percent of Annual $ $ Volume Volume J24 12,500 ' R26 9,000 ' L02 3,200 ' M12 1,550 ' P33 620 ' TT2 65 i 867 53 ' Q4?r 32 ' V20 30 i 2 = 100.0