Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Perform an ABC (80-20 Curve) Analysts using the following data for 20 products of a company using Microsoft EXCEL. Specifically, a) What percentage of the
Perform an ABC (80-20 Curve) Analysts using the following data for 20 products of a company using Microsoft EXCEL. Specifically,
a) What percentage of the total sales is contributed by the top 20 percent of the items? By the bottom 50 percent of the items? Indicate which items are A, B or C type items.
Product 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Product ID Product demand (units) Unit price (S) A 80 422.33 414 54.07 191 0.65 2442 16.11 6289 4.61 128 0.63 1554 2.96 89 351 2232 20 BCDEFGH I J K L M ZOPORST N Q 10 123 170 101 415 13 230 12 91 22.05 5.01 2.48 4.78 38.03 9.01 25.89 59.50 20.78 2.93 19.52 28.88 29.86
Step by Step Solution
★★★★★
3.51 Rating (154 Votes )
There are 3 Steps involved in it
Step: 1
A Percentage of sales by top 20 of the item 74586 Percentage of sales by end 50 of the ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started