Question: Question 3: PART NUMBER ANNUAL UNIT USAGE UNIT COST $ 1 200 10 2 15,000 4 3 60,000 6 4 4 15,000 15 inn 1,400

Question 3: PART NUMBER ANNUAL UNIT USAGE UNIT

Question 3: PART NUMBER ANNUAL UNIT USAGE UNIT COST $ 1 200 10 2 15,000 4 3 60,000 6 4 4 15,000 15 inn 1,400 10 6 100 50 7 25,000 2 8 700 3 9 25,000 1 10 7,500 1 Analyze the above dataset to produce an ABC classification following these steps: a. Calculate the annual dollar usage for each item. b. List the items according to their annual dollar usage c. Calculate the cumulative annual dollar usage and the cumulative percentage of items. d. Group items into an A, B, C classification. noun

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