A company does an ABC analysis of its inventory and calculates that out of 10,000 items 19% can be classified as A items, 30% as B items, and the remainder as C items. A decision is made that A items are to be cycle counted twice a month, B items every 3 months, and C items once a year. Calculate the total counts and the counts per day by classification.

There are 250 working days per year.

Classification Number of Items Count Frequency per Year Number of Counts per Year % of Total Counts Counts per Day A B C Total counts per year Work days per year Total counts per day LO.1