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David Alexander has compiled the following table of six items in inventory at Angelo Products, along with the unit cost and the annual demand in

David Alexander has compiled the following table of six items in inventory at Angelo Products, along with the unit cost and the annual demand in units: image text in transcribedUse ABC analysis to determine which item(s) should be carefully controlled using a quantitative inventory technique and which item(s)should not be closely controlled.

\begin{tabular}{|l|c|c|} \hline \begin{tabular}{l} IDENTIFICATION \\ CODE \end{tabular} & \begin{tabular}{l} UNIT COST \\ (\$) \end{tabular} & \begin{tabular}{l} ANNUAL DEMAND \\ (UNITS) \end{tabular} \\ \hline XX1 & 5.84 & 1,200 \\ \hline B66 & 5.40 & 1,110 \\ \hline 3CPO & 74.54 & 896 \\ \hline 33CP & 2.00 & 1,104 \\ \hline R2D2 & 2.08 & 1,110 \\ \hline RMS & 961 \\ \hline \end{tabular}

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