Question: pls pls help me answer each and every question on the post before it was not answered fully in an orderly manner 1. Classify the

 pls pls help me answer each and every question on thepost before it was not answered fully in an orderly manner 1.Classify the following inventory items as A, B, or C based onannual dollar value (ADV): 2. a) Perform ABC classification on these items:

pls pls help me answer each and every question on the post before it was not answered fully in an orderly manner

1. Classify the following inventory items as A, B, or C based on annual dollar value (ADV): 2. a) Perform ABC classification on these items: b) Find the EOQ given this information: D=4,500 units/year S=36 and H=10 per unit per year. 3. The manager of an automobile repair shop hopes to achieve a better allocation of inventory control efforts by adopting ABC classification. Given the monthly usages and unit costs in the following table, classify the items into A,B and C categories according to monthly dollar value. 4. The following table contains the monthly usage and unit costs for a random sample of 15 items from a list of 2,000 inventory items at a health care facility. a) Develop an ABC Classification for these items. b) How could the manager use this information? c) After reviewing your classification scheme suppose that the manager decides to place item PO5 into the A category. What are some possible explanations for this decision? 5. A large bakery buys flour in 25kg bags. The bakery uses an average of 4,860 bags a year. Preparing an order, receiving the shipment, and paying the invoice costs $10 per order. Annual holding cost is $5 per flour bag. a) Determine the economic order quantity (EOQ). b) How many orders per year will there be if EOQ is used? c) Calculate the total annual cost of ordering and holding flour based on EOQ. d) If ordering cost were to increase by 50 percent per order, by what percentage would the EOQ change? 6. A large law firm uses an average of 10 packages of copier paper a day. Each package contains 500 sheets. The firm operates 260 days a year. Holding cost for the paper is $1 per year per package, and ordering cost is $10 per order. a. What order quantity would minimize total annual ordering and holding cost? b. Calculate the total annual inventory control cost using your order quantity from part a. c. Except for rounding, are annual ordering and holding costs equal at the EOQ? d. The office manager is currently using an order quantity of 100 packages. The partners of the firm expect the office to be managed is a cost-efficient manner. Would you recommend that the office manager use the optimal order quantity instead of 100 packages? Justify your answer. 7. A flower shop uses 250 clay pots a month. The pots are purchased for $2 each. Annual holding cost is estimated to be 30 percent of purchase cost, and ordering cost is $20 per order. The manager has been using an order quantity of 250 flower pots. a. Calculate the EOQ b. Calculate the EOQ's total annual inventory cost. c. What additional annual inventory cost is the shop incurring by using the current order quantity? 8. A fresh produce distributor uses 800 nonreturnable packing crates a month, which it purchases at a cost of $5 each. The manager has assigned an annual holding cost of 25 percent of the purchase price per crate. Ordering cost is $28 per order. Currently the manager orders 800 crates at a time. How much could the firm save annually in ordering and holding cost by using the EO

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