Question: Chapter 12, Question 1: L. Houts Plastics is a large manufacturer of injection- molded plastics in North Carolina. An investigation of the com- panys manufacturing

Chapter 12, Question 1: L. Houts Plastics is a large manufacturer of injection- molded plastics in North Carolina. An investigation of the com- panys manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC classification system? L. Houts Plastics Charlotte Inventory Levels

ITEM CODE #	AVERAGE INVENTORY (UNITS)	VALUE ($/UNIT)
1289	400	3.75
2347	300	4.00
2349	120	2.50
2363	75	1.50
2394	60	1.75
2395	30	2.00
6782	20	1.15
7844	12	2.05
8210	8	1.80
8310	7	2.00
9111	6	3.00

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