Question: An electronics component manufacturer produces high precision assemblies for the aeronautics and space industry, controls for kitchen appliances, and some items for industrial equipment. Company's

An electronics component manufacturer produces

An electronics component manufacturer produces high precision assemblies for the aeronautics and space industry, controls for kitchen appliances, and some items for industrial equipment. Company's purchased parts are given in the following table. Product No 575 607 625 811 947 024 Unit Cost ($) 93.00 31.00 212.00 130.00 | 618.00 720.00 Annual Volume (units) 3,200 2,500 320 475 300 300 413 483 0.25 0.60 25,000 6,800 435 Product No 495 211 273 Unit Cost ($) 1.25 6.30 75.00 Annual Volume (units) 15,000 3,000 3,000 825 84.00 63.00 450 661 893 1.00 485.00 4,000 65 30 (a) Classify the company's purchased parts according to ABC principles. (b) Create an exchange curve for this population of inventoried items. (c) Suppose that the company is operating with a total cycle of $70,000 and 24 numbers of orders. Comment this operating system

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