Given the following list of items,

a. Classify the items as A, B, or C.

b. Determine the economic order quantity for each item (round to the nearest whole unit).

Item Estimated Annual Demand Ordering Cost Holding Cost

(%)

Unit Price H4-010 20,000 50 20 2.50 H5-201 60,200 60 20 4.00 P6-400 9,800 80 30 28.50 P6-401 14,500 50 30 12.00 P7-100 6,250 50 30 9.00 P9-103 7,500 50 40 22.00 TS-300 21,000 40 25 45.00 TS-400 45,000 40 25 40.00 TS-041 800 40 25 20.00 V1-001 33,100 25 35 4.00

 LO.1