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 tryingAlpha Products, Inc., is having a problem trying

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 a ITEM k 1 b m d n ANNUAL DOLLAR USAGE $ 23,000 2,900 94,000 3,200 1,500 22,000 3,000 93,000 113,000 2,600 ANNUAL DOLLAR USAGE $ 30,000 1,200 25,000 21,000 2,800 2,000 3,400 3,500 2,200 1,300 e f g h i j fast a. Suggest a system for allocating control time? Cycle counting C ABC analysis b. Specify where each item from the list would be placed. Item Class a b d e f g h i j k 1 m n o 9 r S t

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