Question: Analyze organization spend using ABC analysis assuming that Pareto s Rule is valid so that 1 0 % of the suppliers do 8 0 %

Analyze organization spend using ABC analysis assuming that Paretos Rule is valid so that 10% of the suppliers do 80% of the Purchases, another 10% of the suppliers do 10% of the purchases and 80% of the suppliers provide 10% of the purchases. How many suppliers, the value of the purchases fall in each category and the average size of the purchases. Show your work.

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