Question: L. Houts Plastics Charlotte Inventory Levels Item Code Avg. Inventory (units) Value ($/unit) Dollar Volume % of Dollar Volume 1289 380 3.50 2347 300 4.00

L. Houts Plastics Charlotte Inventory Levels

Item Code

Avg. Inventory (units)

Value

($/unit)

Dollar

Volume

% of Dollar Volume

1289

380

3.50

2347

300

4.00

1,200

37.47

2349

120

2.50

300

9.37

2363

70

1.50

2394

60

1.75

105

3.28

2395

35

2.00

6782

20

1.15

23

0.72

7844

12

2.05

25

0.77

8210

8

1.60

8310

7

2.00

14

0.44

9111

6

3.00

18

0.56

3,205

For the following three questions, consider only items

1289,

2349,

and

8210

from the above table for relative classification (these are some of the items for which you computed the metrics).

Based on the percentages of dollar volume, item number

1289

should be classified as

A, B, C?

Item number

2349

should be classified as

A, B, C?

Item number

8210

should be classified as

A, B, C?

.

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