SOBE OPM Case/Class Work # 4, Inventory Management (MT) Item no. Item 1. An inventory management is most commonly used technique to manage inventory efficiently. There are several techniques to classify the inventory items the most classification technique is ABC analysis. In ABC analysis the items are classified into A, B & C classes based on the total cost usage. This case study collected data for 1 year through the general store manager and other staff involved in inventory control operation of sponge iron plant. Conduct ABC analysis. Unit cost (TK Annual demand (Units) 1. Diesel 49.27 9600 LTR 2 Conveyor belt 1000 225 3 SP 320 oil 147.65 1260 LTR 4 Cement 270 360 BAG 5 HLP 68 oil 147.65 630 LTR 6. S.I. copper wire 18SWG 609.90 147.6 KG 7 Valve size 8" 73983 1 NO 8 Copper wire 185WG 649.80 108.6 KG 9 G.I. sheet 10 x 4 1066.66 10 Zest EP-2 grease 158 360 LTR 11 Ceramic blanket 1824 30 NO 12 Supratech WR-2 grease 131.88 364 LTR 13 Silver nitrate 135000 0.3 KG 14 Nomex paper 7NIL 1312.51 30 KG 15 A.C. sheet 3MTR 573.16 60 MTR 16 Bearing 6313/C3 3165.55 10 NO 17 Welding electrode E310- 1239 24 KG 16 18 Cooler for dome 14729 2 NO 19 Becktol red 845.6 30 KG 20 Full LPG/RLN cylinder 1223.57 20 NO % of investment Categories Items Count 60 NO | B 2. A 'Walton Plaza' in Dhaka expects to sell approximately 1,200 Xplore-140 motorbikes next year. Annual carrying cost is Tk. 200 per bike, and ordering cost is Tk. 300. The store operates 320 days a year. a. Calculate the EOQ. b. How many times per year does the store reorder? C. What is the length of an order cycle? d. What is the total cost if the EOQ quantity is ordered