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
Lynn Fish opened a new beautyproducts 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 items that she carries:
ITEM NUMBER
E
UNIT COST
$
DEMAND UNITS
D
$
D
R
R
S
S
Utt
$
$
$
$
$
$
U
$
V
$
Use ABC analysis to classify these items into categories A B and CPXPerform an ABC analysis on her data. PX
Lynn Fish opened a new beautyproducts 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 items that she carries:
ITEM NUMBER
E
UNIT COST
$
DEMAND UNITS
D
$
D
R
R
S
S
Utt
$
$
$
$
$
$
U
$
V
$
Use ABC analysis to classify these items into categories A B and CPX
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