Question: Given the information below, conduct an ABC analysis and determine which items should be classified as A, B, and C. Which items do you suggest

Given the information below, conduct an ABC analysis and determine which items should be classified as A, B, and C. Which items do you suggest the firm keep the tightest control over? Explain.

Item Part Number Item Cost Quantity In Stock 142-AZ $546.00 318 4392-GF $45.00 1250 86935-ES $15.35 3546 173-DC $653.00 1876 999-BA $199.00 526 7846-NM $23.00 973 2765-OP $385.00 790 103-VX $12.50 4875 2648-YT $16.75 5185

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