Question: Question 29 2 pts Perform an ABC analysis on the following set of products by calculating the Annual Dollar Volume for each item (show your

Question 29 2 pts Perform an ABC analysis on the

Question 29 2 pts Perform an ABC analysis on the following set of products by calculating the Annual Dollar Volume for each item (show your work) Classify each item as A (represent about 72% of total annual $ volume), B (represents about 23%) or C (less than 5%). Which products do you suggest the firm keep the tightest control over? Show your work to get full points Item Annual Demand Unit Cost A211 1200 $10 B390 100 $80 C003 4500 D100 400 E707 F660 G473 35 250 $7 $150 $2000 $110 $90 1000 H921 100 $65

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