Perform an ABC Analysis on the following inventory:

Application: Perform an ABC Analysis on the following Inventory Data Complete the asasi manually been complete the spreadsheet posted on blackboard Pan Cort perint A Demand 4002 Part OM SRL 230183321 ZING Caut perunt $1322 51134 $11.24 3.321 3.412 245W 45934 4 234,552 212.112 121134 554,392 514 510 559,400 DOM.5099 D2142 $1.07 $0.45 $0.45 $0.46 50:49 60120 D454303 DOSSORY 02 MB GROSE 3102 879,342 500 2. 141 URZ1471 $19.21 QU092 R2304985 ROOF R2144 R23493941 $0.98 SON? 50 2.110 21412 1232 123.922 123.76 129 13 129991 123,20 1. What is the wet Pinciple and how is it used in an Alany SOM 2. True Anventory item within its will always be the higher than a story iners with LOWER gel als EXPLAIN 124012 819,989 SRO SAMAN $2.37 $2.22 $2.49 39.900 Application: Perform an ABC Analysis on the following Inventory Data. Part Number Annual Demand 4,002 034L9SR2L Cost per Unit $12.22 $11.34 23018332F 23D18333G 23D18SR89 24SFRSFW 3,321 3,432 3,452 2,345 234,552 $11.24 $11.23 $11.19 $1.09 4592834J2 4598234M2 $1.08 $1.07 459987988 D098SD99 D234LK92 D29098KR D4543K23 232,112 123,334 554,392 534,530 559,402 590,233 690,128 889,233 879,342 D909SOR99 $0.45 $0.45 $0.46 $0.49 $0.50 $1.88 $0.50 $2.03 $19.43 $19.21 G2343434B G23489SR G23982291 LIR3424F2 891,034 2,341 LIR23984F1 LIR20R298 $19.11 QUI234B92 R23049859 $0.98 $0.87 $0.98 R23084290F 2,210 2,310 238,412 123,882 123,992 123,876 129,837 129,991 123,298 124,012 R234499DR R2349398) $0.99 $1.73 $0.88 R23LK49S R92398FK1 $0.93 $0.92 $2.37 R92834K) SR0987987 899,989 894,467 889,300 $2.22 $2.49 SRO78339Z SRO783209 Complete the analysis manually (below) or complete the spreadsheet posted on Blackboard. Part Annual Number Demand Cost per Unit 1. What is the Pareto Principle and how is it used in an ABC analysis? 2. True or False: An inventory item with HIGHER annual usage in units will always be ranked higher than an inventory item with LOWER annual usage in units. EXPLAIN