Using the following table, please classify each item as a class A, class B, or class C item based on profit You must classify each at least one item as a class A item, one item as a class B item, and one item as a class C item After you finish, please respond to the questions below PRODUCT PROFITS ($x1000) OF PROFITS CUMULATIVE OF PROFITS CLASS P 1 500 P 2 100 P 3 80 P 4 40 P 5 25 P 6 5 Which item forms the boundary of the class A items and the class B items in your classification Why did you pick that item as the boundary Which item forms the boundary of the class B items and the class C items in your classification Why did you pick that item as the boundary

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Question: Using the following table, please classify each item as a class A, class B, or class C item based on profit. You must classify each

Using the following table, please classify each item as a class A, class B, or class C item based on profit. You must classify each at least one item as a class A item, one item as a class B item, and one item as a class C item. After you finish, please respond to the questions below.

PRODUCT	PROFITS ($x1000)	% OF PROFITS	CUMULATIVE % OF PROFITS	CLASS
P-1	500
P-2	100
P-3	80
P-4	40
P-5	25
P-6	5

Which item forms the boundary of the class A items and the class B items in your classification? Why did you pick that item as the boundary?

Which item forms the boundary of the class B items and the class C items in your classification? Why did you pick that item as the boundary?

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