Question: hi, help me with this. For the annual usage for item 1 the number is 29311. thanks 5. Lockwood Industries is considering the use of

5. Lockwood Industries is considering the use of ABC analysis to focus on the most critical items in its inventory. For a random sample of eight items, the following table shows the annual dollar usage. Rank the items, and assign them to the A, B or C class. 6. The annual usage for item 1 is the last 5 digits of your student ID ABC ranking \begin{tabular}{|l|l|l|l|l|} \hline Mem & DemandDollarusage & Cum.demandusagedollars & Cum%demandusageindollars & Calegory \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular} Summary of ABC Analysia \begin{tabular}{|l|l|l|l|l|} \hline Class & ltems & Percent of iterns & Dollars per group & Percent ofdollars \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular}
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