29 DAT, Inc., produces digital audiotapes to be used in the consumer audio division. DAT lacks sufficient personnel in its inventory supply section to closely control each item stocked, so it has asked you to determine an ABC classification. Here is a sample from the inventory records:

Develop an ABC classification for these 10 items.

Transcribed Image Text:

AVERAGE ITEM MONTHLY DEMAND PRICE PER UNIT HEM MONTHLY DEMAND PRICE PER UNIT 1 2345 AVERAGE 700 $6.00 200 4.00 2,000 12.00 678 100 10,00 7 3,000 2.00 8 2,500 1,00 1,100 20,00 9 500 10.00 4,000 21.00 10 1,000 2.00