Question: pl guide how to go for it For a certain inventory maintained in a hospital, the requirement is to perform an ABC Analysis. The data

pl guide how to go for it
For a certain inventory maintained in a hospital, the requirement is to perform an "ABC Analysis". The data of inventory in terms of quantity and price is given in the following table: Item No. Price 100 200 hy 5 16 so Quantity 20 9% 40 50 30. 70 10 300 14 4 10 - 1BD 31 E F 400 500 600 19 lo 1332 33 123 10 71.3 29 10 - 660 Requirement: - Perform "ABC Analysis" and determine cut-off point (Reference ratio = 60/40). (16)Step by Step Solution
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