Question: Problem 4 An airline analyses the material required to operate their planes. The table below shows the unit value in OMR of ten products P1,
Problem 4 An airline analyses the material required to operate their planes. The table below shows the unit value in OMR of ten products P1, P2, ..., P10, and their required quantities during the last quarter. Perform an ABC Analysis. The ranges for groups A, B, and C are 75%, 20%, and 5%, respectively. Based on your results,
A) What is the total value of all items used during the last quarter. B) Use ABC classification to specify which product under which category
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