Question: Perform an ABC analysis on her data. [ PX ] . . 1 2 . 6 Lynn Fish opened a new beauty - products retail

Perform an ABC analysis on her data. [PX]
..12.6 Lynn Fish opened a new beauty-products retail store. There are numerous items in inventory,
and Lynn knows that there are costs associated with inventory. However, because her time is
limited, she cannot carefully evaluate the inventory policy for all products. Lynn wants to
classify the items according to dollars invested in them. The following table provides
information about the 10 items that she carries:
ITEM NUMBER
E102
UNIT COST
$4
DEMAND (UNITS)
800
D23
$16
D27
R02
R19
S107
S123
Utt
$8
$2
$8
$12
2,400
700
1,000
200
500
$1
$7
1,200
U23
$1
V75
$14
800
1,500
2,500
Use ABC analysis to classify these items into categories A, B, and C.[PX]Perform an ABC analysis on her data. [PX]
..12.6 Lynn Fish opened a new beauty-products retail store. There are numerous items in inventory,
and Lynn knows that there are costs associated with inventory. However, because her time is
limited, she cannot carefully evaluate the inventory policy for all products. Lynn wants to
classify the items according to dollars invested in them. The following table provides
information about the 10 items that she carries:
ITEM NUMBER
E102
UNIT COST
$4
DEMAND (UNITS)
800
D23
$16
D27
R02
R19
S107
S123
Utt
$8
$2
$8
$12
2,400
700
1,000
200
500
$1
$7
1,200
U23
$1
V75
$14
800
1,500
2,500
Use ABC analysis to classify these items into categories A, B, and C.[PX]

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