Describe the above metrics generated for Class A items. Focus on the managerial implications of these metrics.

Inventory Management

H K M CLASSA CLASS B CLASS C Ordering frequency Ordering interval in a Ordering frequency per year Ordering interval in a year Ordering Ordering interval frequency in a year per year year per year MEAN 16.91 36.89 9.33 3.66 172.22 MEDIAN 16.00 23.00 7.00 58.79 52.00 73.00 3.00 INTER-QUARTILE 122.00 365.00 21.50 41.00 12.25 5.00 H K M CLASSA CLASS B CLASS C Ordering frequency Ordering interval in a Ordering frequency per year Ordering interval in a year Ordering Ordering interval frequency in a year per year year per year MEAN 16.91 36.89 9.33 3.66 172.22 MEDIAN 16.00 23.00 7.00 58.79 52.00 73.00 3.00 INTER-QUARTILE 122.00 365.00 21.50 41.00 12.25 5.00