Question: Perform an ABC analysis for the data provided below: PART UNIT COST ANNUAL USAGE 1 60 90 2 350 40 3 30 130 4 80

Perform an ABC analysis for the data provided below:

PART UNIT

COST

ANNUAL USAGE

1

60

90

2

350

40

3

30

130

4

80

60

5

30

100

6

20

180

7

10

170

8

320

50

9

510

60

10

20

120

Clearly explain why you classified items as A, B, or C.

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