Full explanation

TASK-2 In a warehouse the Materials manager Mr. Fahad is looking forward to categorize the materials stocked in his warehouse using ABC analysis. He decided the criteria that all the materials above 25% of annual consumption value shall be categorized as A-items, the items between 10% to 25% of annual consumption value shall be categorized as B-items and the items below 10% of annual consumption value shall be categorized as Citems. Using the following inventory records you are required to categorized the items and prepare a final report for Mr.Fahad. Item Code Kage of Annual Consumption Value A/B/C 20-X-00 20-X-01 20-X-02 20-X-03 20-X-04 20-X-05 20-X-06 20-X-07 Consumption Daily Yearly 30 18 15 10 15 11 30 14 9 13 Pricel Annual Consumption Unit Value 60 15 50 30 8 13 59 60 20-X-08 20-X-09 TOTAL 70 Final Report Item Code %age of Annual Consumption Value A/B/C Total %age of items A, items B & items C