Question: Table Tools Document3 - Word References Mailings Review Layout View Help Design Layout Search Item Usage K1 KO K3 KA KS K6 K7 K9 K10

Table Tools Document3 - Word References Mailings

Table Tools Document3 - Word References Mailings

Table Tools Document3 - Word References Mailings Review Layout View Help Design Layout Search Item Usage K1 KO K3 KA KS K6 K7 K9 K10 K11 K12 K13 K14 K15 K16 K17 K18 K19 K20 Unit Cost 26 25 37 23 20 23 33 23 32 18 35 27 25 22 21 22 21 25 21 16 415 26 346 61 80 257 209 204 392 52 461 118 417 449 174 148 292 468 262 32 A SME manufacturing company keeps 20 items in its inventory. The operations manager would like to prepare an inventory strategy by using ABC Analysis technique. a) Determine the inventory items for each category (A-B-C). (Please show all your calculations) (20 points) b) Depending on your findings in Part a, what kind of inventory control strategy would you determine for each item in terms of the number of checks for each item, the importance level of the items in the inventory etc. items in inventory, its unit costs and annual demand (Usage) Items no. Unit cost usage K1 K2 K3 K4 K5 K6 Generate the values for this table from the random number generator (from the table above) K7 K8 K9 K10 K11 K12 K13 K14 K15 K16 K17 K18 K19 K20 ited States

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!