Question: i. Using the inventory records data, develop an ABC classification for HEC Electronics. Use thresholds of around 70%, 25%, and 5% for A, B, and

i. Using the inventory records data, develop an ABC classification for HEC Electronics. Use thresholds of around 70%, 25%, and 5% for A, B, and C items, respectively. (10 points) ii. What would you recommend HEC Electronics for controlling inventory? (5 points)

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