Alpha Products, Incorporated, 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: ITEMANNUAL DOLLAR USAGEa$ $29,000$b$2,200$c$103,000$d$2,100$e$2,300$f$28,000$g$2,800$h$112,000$i$94,000$j$2,000$k$27,600$l$2,900$m$27,000$n$29,500$o$1,600$p$3,000$q$600$r$3,400$s$2,400$t$800$ Suggest a system for allocating control time. multiple choice ABC analysis Cycle counting Specify where each item from the list would be placed. Problem $20-41($Algo$)$

Alpha Products, Incorporated, 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:

a$.$ Suggest a system for allocating control time.

ABC analysis

Cycle counting

b$.$ Specify where each item from the list would be placed.