Question: PX means the problem may be solved with POM for Windows and / or Excel OM . 1 2 . 1 L . Houts Plastics

PX means the problem may be solved with POM for Windows and/or Excel OM.
12.1 L. Houts Plastics is a large manufacturer of injection-moulded plastics in Ontario. An investigation of the companys manufacturing facility in Mississauga yields the information presented in the table below. How would the plant classify these items according to an ABC classification system? PX
L. Houts Plastics Mississauga Inventory Levels
Item Code # Average Inventory (units) Value ($/unit)
1289
400
3.75
2347
300
4.00
2349
120
2.50
2363
75
1.50
2394
60
1.75
2395
30
2.00
6782
20
1.15
7844
12
2.05
8210
8
1.80
8310
7
2.00
9111
6
3.00

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