Question: Oakwood Hospital is considering using ABC analysis to classify laboratory SKUs into three categories: those that will be delivered daily from their supplier (Class A

Oakwood Hospital is considering using ABC

Oakwood Hospital is considering using ABC analysis to classify laboratory SKUs into three categories: those that will be delivered daily from their supplier (Class A items), those that will be controlled using a continuous review system (B items), and those that will be held in a two bin system (C items). The following table shows the annual dollar usage for a sample of eight SKUs. Fill in the blanks for annual dollar usage below. (Enter your responses rounded to the nearest whole number.) Demand SKU Unit Value (units) Annual Dollar Usage $ 1 $0.35 90 2 $4.30 900 $ 3 $0.25 60,000 120.000 4 $0.02 $1.10 5 35,000 $ $ $ $ $ $1.30 150 6 7 $0.01 1,300 8 $0.90 350

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