Q1. Perform ABC analysis on the data given below. Your company has compiled the following data on the small of products that comprise the specialty maintenance and repair parts division. Which products do you suggest the firm keep the tightest control over? Explain. (5 Marks) Unit Cost Annual Demand Units 250 75 160 SKU Items R11 S22 P26 T33 U44 V55 B66 H45 20 $280 $90 $170 $130 $150 $75 $300 $330 150 100 300 280 Take Home Exam, BUS 241, Semester 402, JUC-Male Branch Page 2 of 3 A) Classify the items under A, B and C to make an effective decision on inventory control. (8 Marks) B) Why does an organization implement ABC analysis in their inventory management? (2 Marks)