. An ABC Classification (A/B/C) . An appropriate inventory system (Periodic or Continuous) . A cycle counting frequency (monthly / quarterly / semi-annual) Tip: Extend the following chart by adding a column for each of these Be sure to sort your data based on your A/B/C classification Item # Item Description Unit of Unit Cost Annual Volume Measure R-38756 Range drawer PCS $26.00 8.450 D-12983 Dishwasher frame PCS $130.00 12,200 G-16728 Insulated wire (300V) FEET $0.37 24,300 R-95437 Range lamp fixture (optional) PCS $85.00 320 G-67158 Circuit board control panel PCS $90.00 14,000 R-12487 Range frame PCS $185.00 8,300 R-27598 Range handle PCS $4.25 8,500 G-49756 Plastic tie (locking) PCS $0.02 185,000 R-47617 Range element - 6" PCS $14.00 27,500 G-34796 rack support / slide PCS $0.40 70,400 D-17654 Water pump PCS $34.00 13,480 G-46872 1" phillips screw PCS $0.03 250,000 D-53247 Dishwasher rack (upper / lower) PCS $21.00 24,800 D-75195 Backflow valve PCS $4.00 57,500 G-29437 2" PVC tubing METRE $0.50 25,200