Question: Question 3: ABC Analysis (10 points) Consider a retailer who buys and sells some items which are listed in the table below with their unit

Question 3: ABC Analysis (10 points) Consider a

Question 3: ABC Analysis (10 points) Consider a retailer who buys and sells some items which are listed in the table below with their unit prices and annual demand value. The retailer wants to determine an efficient ordering policy for the most revenue generating items in its product portfolio. Item No. Unit selling price Annual Demand 1 10 100 2 22 600 3 15 1000 4 8 2500 5 12 3000 6 35 100 Conduct an ABC analysis to determine A-, B-, and C-items for this retailer

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