Question: Q2. Calculation (10 Marks) Q1. Perform ABC analysis on the data given below. Your company has compiled the following data on the small of products

Q2. Calculation (10 Marks) Q1. Perform ABC
Q2. Calculation (10 Marks) 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) SKU Annual Demand Unit Cost Items Units $280 R11 250 S2275 $90 $170 $130 T33 U44 V55 $150 20 150 100 300 280 $75 $300 B66 H45 $330 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)

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