Question: Answer all parts to get 100% feedback!! Question Help Lynn Fish opened a new beauty-products retail store. There are numerous items in inventory, and Lynn
Answer all parts to get 100% feedback!!


Question Help Lynn Fish opened a new beauty-products retail store. There are numerous items in inventory, and Lynn knows that there are costs associated with inventory. However, because her time is limited, she cannot carefully evaluate the inventory policy for all products. Lynn wants to classify the items according to dollars invested in them. The following table provides information about the 10 items that she carries. Based on the percentages of dollar volume, complete the table below by using ABC analysis to classify these items into categories A, B, and C. Item Number E102 Unit Cost Demand (units) 800 Classification $4.00 Dollar Volume $3,200 $9.600 D23 $8.00 1,200 D27 $3.00 700 $2,100 R02 $2.00 1,000 $2,000 D27 $3.00 700 $2,100 R02 $2.00 1,000 $2,000 R19 $8.00 200 $1,600 S107 500 C $6.00 $1.00 $3,000 $1,200 S123 1,200 U11 $7.00 800 U23 $1.00 1,500 V75 $4.00 1,500 $ A
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