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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