1. XYZ Enterprise has the following 10 items in inventory. Grace Smith wants to ask you to start working in inventory but to begin she wants you to help her by identifying the following items into the ABC classification.What do you report?(Which items are A, which are B and which are C)

Item Demand Cost/Unit in $

1 3000 50

2 4000 12

3 1500 45

4 6000 10

5 1000 20

6 500 500

7 300 1500

8 600 20

9 1750 10

10 2500 5