41 Lea Ash opens a new cosmetics store. There are numerous items in inventory, and Lea knows...
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41 Lea Ash opens a new cosmetics store. There are numerous items in inventory, and Lea knows that there are costs associated with inventory.
Lea wants to classify the items according to dollars invested in them. The following table provides information about the 10 items that she carries:
ITEM NUMBER UNIT COST DEMAND
(UNITS)
A $4 1,500 B $1 1,500 C $3 700 D $1 1,200 E $8 200 F $6 500 G $2 1,000 H $7 800 I $8 1,200 J $4 800 Use ABC analysis to classify these items into categories A, B, and C.
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Related Book For
Managerial Decision Modeling With Spreadsheets
ISBN: 9781292024196
3rd Edition
Authors: Barry Render
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