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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