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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