Question: Please revisit Assignment 5 as it requires a spreadsheet type analysis of the ABC of this company Case Study 9.1 - Randy Smith, Inventory Control
Please revisit Assignment 5 as it requires a spreadsheet type analysis of the ABC of this company
Case Study 9.1 - Randy Smith, Inventory Control Manager - pp. 242-244.
Perform an ABC analysis.You will find that the ABC cutoffs don't work at all - they are not even close to the ABC cutoff guidelines.So, choose ABC classifications based upon the rankings and using your judgement - also consider the problem parts identified in the text of the case.
1. Evaluate the situation
2. Develop an integrated inventory control policy (ABC analysis)
3. What other information would help you make a more effective policy
Reference : Introduction to Materials Management
* Calculations are required on spreadsheet type *
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