Question: Problem 6 Oakwood Hospital is considering using ABC analysis to classify laboratory SKUs into three categories: those that will be delivered daily from their supplier

Problem 6 Oakwood Hospital is considering using
Problem 6 Oakwood Hospital is considering using
Problem 6 Oakwood Hospital is considering using ABC analysis to classify laboratory SKUs into three categories: those that will be delivered daily from their supplier (Class A items), thon controlled using a continuous review system (B items), and those that will be held in a two bin system (C items) The following table shows the annual dollar usage for a sample of eight SKUs. Fil in the blanks for annual doilar usage below. (Enter your responses rounded to the nearest SKU Unit Value Demand (units) 1 $0.02 $1.00 2 3 4 Annual Dollar Usage $ 2300 $ 35000 $ 225 $ 26 $ 3780 $ 245 $ 49.5 $ 18000 115,000 35.000 150 1,300 900 350 90 80,000 $1.50 $0.02 $4.20 $0.70 $0.55 $0.30 5 6 7 8 Rank the SKUs in descending order on the basis of their annual dollar usage and fall in the table with the ranked SKU's percentage of dollar usage (Enter your responses rou decimal places) Rank SKU Code Percent of Dollar Usage 04% 1 4 2 7 08% JU 3 5 900 Problem 6 www $1.50 150 $ 225 $0.02 1,300 $ 26 $4.20 $ 3780 6 $0.70 350 $ 245 7 $0.55 90 $ 49.5 8 $0.30 60,000 $ 18000 Rark the SKUs in descending order on the basis of their annual dollar usage and fill in the table with the ranked SKU's percentage of dollar usage. (Enter your res decimal places) SKU Percent of Rank Code Dollar Usage 04% 1 4 2 7 08% 3 4 5 6 7 8

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