Question: Alpha Products, Inc., is having a problem trying to control inventory. There is insufficient time to devote to all its items equally. The following is

Alpha Products, Inc., is having a problem trying to control inventory. There is insufficient time to devote to all its items equally. The following is a sample of some items stocked, along with the annual usage of each item expressed in dollar volume. ITEM ANNUAL DOLLAR USAGE ITEM ANNUAL DOLLAR USAGE a $ 30,000 k $ 2,900 b 2,300 l 1,500 c 102,000 m 98,000 d 1,000 n 3,000 e 2,400 o 2,000 f 24,000 p 21,000 g 1,400 q 2,800 h 2,700 r 29,000 i 600 s 1,800 j 900 t 700 a. Suggest a system for allocating control time? multiple choice Cycle counting ABC analysis b. Specify where each item from the list would be placed

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