Question: The following data is the consumption pattern of certain materials in an organization on. Categorize the materials on the basis of ABC and HML. Group

The following data is the consumption pattern of certain materials in an organization on. Categorize the materials on the basis of ABC and HML.
Group No of Items Quarterly Consumption Price in RO
1 20 400 12
2 25 150 14
3 30 220 16
4 50 175 18
5 25 450 20
6 35 300 22
7 40 250 24
8 60 350 21
9 15 650 11
10 45 320 15
A - 60 %, B 25% and C - 15%.
H - 50 and More, M - 20 and More and L - Less than 20
Also comment the nature of group III, VIII and VI.

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