Question: Using the information is the table above, group the items in A, B, C categories based upon the annual DOLLAR usage ($). (5 Points) Part

Using the information is the table above, group the items in A, B, C categories

based upon the annual DOLLAR usage ($). (5 Points)

Part Number

Annual Use (Units/Year)

Unit Cost ($)

Annual Use ($/Year)

Cum. Use ($/Year)

Cum. % of $ Usage

Cum. % of Items

RANK

1

315

8

Use Data to the left to fill in the Table below sort As at the top, Bs then Cs

2

280

11

3

1,325

15

4

1,125

3

5

425

115

6

115

47

7

1,700

50

8

925

6

9

3,500

4

10

850

120

Part Number

Annual Use (Units/Year)

Unit Cost ($)

Annual Use ($/Year)

Cum. Use ($/Year)

Cum. % of $ Usage

Cum. % of Items

RANK

B. Company policy mandates A items are counted 4 times/year, B items 2 times/year and C items 1 time/year. If we are open 5 days/week, 50 weeks/year, how many counts are done daily?

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