3) A company does an ABC analysis of its inventory and calculates that out of 5000 items, 22% can be classified as A items, 33% as B items, and the remainder as C items. A decision is made that A items are to be cycle counted once a month, B items every 3 months, and C items twice a year. Calculate the total counts and the counts per day by classification Count Frequency Number of Items Number of Counts Classification % of Total Counts Counts per Day per Year per Year A B Total counts per year Workdays per year Total counts per day