Question: Problem 12.1 Question Help 0 L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility

Problem 12.1 Question Help 0 L. Houts Plastics is

Problem 12.1 Question Help 0 L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) % of Dollar Volume 37.81 9.45 L. Houts Plastics Charlotte Inventory Levels Item Code Avg. Inventory (units) Value Dollar ($/unit) Volume 1289 380 3.50 2347 300 4.00 1,200 2349 120 2.50 300 2363 70 1.30 2394 60 1.75 105 2395 30 1.75 6782 20 1.15 23 7844 12 2.05 25 8210 10 1.60 8310 7 2.00 14 9111 6 3.00 18 3,174 3.31 0.72 0.78 0.44 0.57 Problem 12.1 Question Help 0 L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) % of Dollar Volume 37.81 9.45 L. Houts Plastics Charlotte Inventory Levels Item Code Avg. Inventory (units) Value Dollar ($/unit) Volume 1289 380 3.50 2347 300 4.00 1,200 2349 120 2.50 300 2363 70 1.30 2394 60 1.75 105 2395 30 1.75 6782 20 1.15 23 7844 12 2.05 25 8210 10 1.60 8310 7 2.00 14 9111 6 3.00 18 3,174 3.31 0.72 0.78 0.44 0.57

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