Question
Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill
Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the following questions.
(Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.
| item | annual demand | cost/unit | dollar volume | % of total dollar volume |
| A2 | 250 | 20 | - | - |
| B8 | 4000 | 12 | 48000 | 5.56 |
| C7 | 1500 | 45 | 67500 | 7.81 |
| D1 | 150 | 2000 | - | - |
| E9 | 1000 | 20 | 20,000 | 2.31 |
| F3 | 60 | 150 | - | - |
| G2 | 200 | 1500 | 300,000 | 34.72 |
| H2 | 600 | 20 | 12,000 | 1.39 |
| I5 | 300 | 300 | - | - |
| J8 | 2500 | 5 | 12,500 | 1.45 |
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Quantitative Analysis For Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna
11th Edition
9780132997621, 132149117, 132997622, 978-0132149112
