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

Problem 12.1 Question Help L. Houts Plastics is a

Problem 12.1 Question Help 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 near whole number and percentage of dollar volume to two decimal places.) . % of Dollar Volume 35.65 8.91 L. Houts Plastics Charlotte Inventory Levels Value Item Code Avg. Inventory Dollar (units) ($/unit) Volume 1289 400 3.75 2347 300 4.00 1,200 2349 120 2.50 300 2363 75 1.50 2394 60 1.75 105 2395 30 1.75 6782 20 1.15 23 7844 12 2.05 25 8210 8 2.00 8310 7 2.00 14 9111 6 3.00 18 3,366 3.12 0.68 0.73 0.42 0.53

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