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 |
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| 2347 | 300 | 4.00 | 1,200 | 37.47 | ||||
| 2349 | 120 | 2.50 | 300 | 9.37 | ||||
| 2363 | 70 | 1.50 |
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| 2394 | 60 | 1.75 | 105 | 3.28 | ||||
| 2395 | 35 | 2.00 |
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| 6782 | 20 | 1.15 | 23 | 0.72 | ||||
| 7844 | 12 | 2.05 | 25 | 0.77 | ||||
| 8210 | 8 | 1.60 |
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| 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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