Question: Kindly, Answer this question. it is Problem Solving: Inventory Management in SCM David Alexander has compiled the following table of six items in inventory at
Kindly, Answer this question. it is Problem Solving: Inventory Management in SCM
David Alexander has compiled the following table of six items
in inventory at Angelo Products, along with the unit cost and
the annual demand in units:
| IDENTIFICATION CODE | UNIT COST ($) | ANNUAL DEMAND (UNITS) |
| XX1 | 5.84 | 1,200 |
| B66 | 5.40 | 3,110 |
| 3CPO | 1.12 | 896 |
| 33CP | 9.54 | 1,104 |
| R2D2 | 5.00 | 2,110 |
| RMS | 2.08 | 961 |
| MRS | 1.75 | 1,255 |
Use ABC analysis to determine which item(s) should be care
fully controlled using a quantitative inventory technique and
which item(s) should not be closely controlled.
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