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.)Part 2
Item | Annual Demand | Cost/Unit | Dollar Volume | % of Total Dollar Volume | ||||
A2 | 250 | 20 | enter your response here | enter your response here | ||||
B8 | 4000 | 12 | 48,000 | 5.56 | ||||
C7 | 1500 | 45 | 67,500 | 7.81 | ||||
D1 | 150 | 2000 | enter your response here | enter your response here | ||||
E9 | 1000 | 20 | 20,000 | 2.31 | ||||
F3 | 60 | 150 | enter your response here | enter your response here | ||||
G2 | 200 | 1500 | 300,000 | 34.72 | ||||
H2 | 600 | 20 | 12,000 | 1.39 | ||||
I5 | 300 | 300 | enter your response here | enter your response here | ||||
J8 | 2500 | 5 | 12,500 | 1.45 |
Part 3For the following two questions consider only items
A2
and
F3
for relative classification (these are some of the items for which you computed the metrics).Based on the percentages of dollar volume, item
A2
should be classified as
B
C
A
.
Part 4Item
F3
should be classified as
C
A
B
.
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