2. 3100 Apples Minimum = 2000 Min/Max Maximum= 15000 Opening inventory= 8000 3. 6000 Toblerone Chocolate Bars Review after 1= issue and every 4 weeks Periodic Review with Target Safety stock = 5000 Opening inventory = 20000 Place 2 orders for each part. For part usage reference your material plans. Q7- Given the following costs prepare an ABC analysis of component parts. Use the ABC spreadsheet format used in class. (7 marks) Part # Description Unit Cost Annual Usage 1000 Packaging Assembly .75 1200 Red Bull 1.50 1300 Starbucks Gift Card $25 25 1800 LCBO Gift Card $10 10 2100 Tissue .5 3000 No Frills Gift Card $25 25 3100 Apples 50 6200 Breath Mints 60 6000 Toblerone Chocolate Bar 1.10 Where does annual usage come from? Q8. Given the following count information, calculate inventory accuracy. (5 marks) Part Description Perpetual Count Number Inventory Record 1000 Packaging Assembly 6000 5760 1200 Red Bull 5000 4875 1300 Starbucks Gift Card $25 1000 995 1800 CBO Gift Card $10 400 390 100 Tissue 19620 18930 3000 No Frills Gift Card $25 1550 1540 3100 Apples 1750 1620 5200 Breath Mints 6814 6925 Toblerone Chocolate 10475 10396 6000 Bar If A items have a 0% tolerance, B items have a 3% tolerance and C items have a 5% tolerance, what is the inventory accuracy