Question: * Question Completion Status: QUESTION 1 5 Group 2 e mparison Sign-Up 13 In this problem you will determine an ABC Classification for a set

* Question Completion Status: QUESTION 1 5 Group* Question Completion Status: QUESTION 1 5 Group

* Question Completion Status: QUESTION 1 5 Group 2 e mparison Sign-Up 13 In this problem you will determine an ABC Classification for a set of ten products. Please complete the missing items in the table below. Item Annual Volume (000) Dollar Vallue per Unit % Volume Total Value (000) % Value Category 1 20 300 9.8% 6000 26.7% 2 20 250 9.8% 5000 22.2% 3 43 75 21.0% 3225 14.3% 4 30 83 (a) 2490 11.1% 5 12 132 5.9% 1584 7.0% 6 13 106 6.3% 1378 6.1% 7 24 48 11.7% 1152 5.1% 8 10 90 4.9% (b) (c) 9 23 20 11.2% 460 2.0% 10 10 32 4.9% 320 1.4% Total 205 1136 22509 % Volume % Value A 10 to 20 45 to 70 B 20 to 40 15 to 30 C 50 to 60 10 to 15 4) List, by item number, all of the items that are A items. 5) List, by item number, all of the items that are B items. 6) List, by item number, all of the items that are C items. 7) List one reason why ABC analysis is important. Considering the table below for a large warehouse with 2200 items, please specify the number that specified. Number of Items Class Quantity A 640 Policy Count Every 30 days

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!