Question: Need help with those please Assume the time standards and equivalent relationships. Year Quarter Month Week Day Equivalent Relationships 1 4 12 240 1 year
Need help with those please
Assume the time standards and equivalent relationships. Year Quarter Month Week Day Equivalent Relationships 1 4 12 240 1 year 4 quarters - 12 months - 48 weeks = 240 days 1 3 60 1 quarter - 3 months = 12 weeks = 60 days 20 1 month = 4 weeks = 20 days 1 1 week = 5 days Noc 1 4 5 Questions 4.5.6. Perform an ABC Inventory Classification Analysis for approximate percent usage of 80% usage for Class A items, 15% usage for Class B items, and 5% for Class C items. Also perform a Cycle Counting Schedule where the cycle count is monthly for Class A items, quarterly for Class B items and 6 months for Class Citems. Assume 20 days per month SKU Units Unit Cost 1210 900 3 1290 600 9 12028 610 45 12116 400 40 12323 100 110 12445 1000 55 12649 500 380 12749 450 80 12854 100 4250 129950 2400 0.5 PE Question 4. How many statements are correct? 0 1 2 3 (A) The usage for SKU-12851 is $425000. (B) The percent usage for SKU-12116 is approximately 29. (C) The cumulative percent usage for SKU-12445 is approximately 87%. Question 5. How many statements are correct? 0 1 2 3 (A) SKU 1210 is a Class A item (B) SKU 12749 is a Class B item (C) SKU 12854 is a Class C item Question 6. How many statements are correct? 0 1 2 3 (A) The count/day for Class A items is 30. (B) The count/day for Class B items is 34 (C) The count/day for Class C items is 39
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