Question: Example 1 - Given the following incomplete table of inventory details, complete the empty cells. Then conduct an ABC analysis giving a suggestion of how

Example 1 - Given the following incomplete table
Example 1 - Given the following incomplete table of inventory details, complete the empty cells. Then conduct an ABC analysis giving a suggestion of how to group the inventory items into hierarchical classes. Which items would the company control more strictly, and which items would use the least of the company's management resources? % OF NUMBER ITEM ID OF ITEMS CODE STOCKED % OF ANNUAL $ VOL CLASS PJP 175G ABC Analysis ANNUAL ANNUAL UNIT DEMAND DOLLAR COST ($) * (UNITS) = VOLUME 75 1100 82500 6 1200 5 1100 2.5 950 2375 2 1100 2200 1 900 900 6350 100675 29KS CS7 7 5 2 N2000 C360 100

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