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D: Kimberly Jones is in charge of four inventory items. The inventory demand and sales price for each item is summarized in the following table.
D: Kimberly Jones is in charge of four inventory items. The inventory demand and sales price for each item is summarized in the following table. Using ABC analysis, how should these inventory items be controlled? Demand Price S 10.00 100.00 Item 1 20,000 8,000 7,000 Item 2 Item 3 5.00 Item 4 200 5.00 Hint: Using ABC analysis, determine the total annual dollar value of each item. Complete the Table below. Also show cumulative % of items and cumulative percentage of total cost. (Use "cost" for "price"). This can be used to categorize each inventory item. Which item should be carefully controlled? Cumulative Cumulative Percentage Annual $ Volume Percentage of Items Item Annual Unit Demand Cost of Cost Number 100.000 Total
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