Class Discussion: ABC Analysis

$\backslash$table$[[$Products$,$Annual Demand,Unit Price$],[$Cleanser$,20,000,12],[$Toner$,5,000,7],[$Moisturizer$,20,000,13],[$Sunscreen$,5,000,4],[$Serum$,30,000,2],[$Exfoliator$,20,000,1],[$Mask$,50,000,1]]$

Questions :

a$)$ Using ABC analysis, categorize these items into A$,$ B$,$ and C

b$)$ Describe the importance of each classification in inventory

management.

$*$Dear Experts, please provide step by step calculation for easily undertood the calculation.

$*$ Subjects : Logistics Operation Management

Thank you.