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
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 itoms), those that will be controlled using a continuous review system (B items) and those that will be held in a two bin system (Como) The following table shows the annual dollar usage for a sample of eight Skis Fill in the blanks for annual dollar usage below (Enter your responses rounded to the nearest wole number: Demand SKU Unit Value (units) 1 Annual Dollar Usage 5 s 5 2 3 4 $0.55 S003 54.10 50.02 $1.30 50 25 $1.00 $0.70 90 1 300 700 125.000 150 60,000 35,000 400 5 6 7 si SEE Rank the SKUs in descending order on the basis of their annual dolar usage and fill in the table with the ranked SKUS percentage of dollar usage (Enter your responses rounded to two decimal places Rank SKU Code Percent of Dollar Usage 1 2 3 Enter your answer in each of the answer Doxes acer . 6 7 50.25 60,000 $100 35,000 8 $0.70 400 Rank the SKUs in descending order on the basis of their ancial dollar usage and fill in the table with the ranked SKU's percentage of dollar usage (Enter your responses rounded to two decimal places) SKU Percent of Code Dollar Usage Rank 1 2 3 4 5 0 7 8 Based on the percentages of dollar usage the cass of SKU code in Based on the percentages of dollar usage the case of SKU code in Based on the percentages of dollar age, the case of SKU cousin Enter your answer in each of the answer boxes

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