Given the following list of items,

Item		Annual Demand		Ordering Cost ($)		Holding Cost (%)		Unit Price ($)
101		700			10			20			0.50
102		1,810			10			30			0.20
103		5,210			25			30			1.00
104		360			15			25			4.50
105		1,710			35			35			1.20
201		10,210			25			15			0.75
202		1,210			10			20			1.35
203		1,810			20			25			0.20
204		710			40			25			0.80
205		120			10			15			2.50

(a) Calculate the annual usage cost of each item. (b) Classify the items as A, B, or C.

Item	Annual Usage ($)	Item Classification
101	enter a dollar amount	select an item classification ABC
102	enter a dollar amount	select an item classification ABC
103	enter a dollar amount	select an item classification ABC
104	enter a dollar amount	select an item classification ABC
105	enter a dollar amount	select an item classification ABC
201	enter a dollar amount	select an item classification ABC
202	enter a dollar amount	select an item classification ABC
203	enter a dollar amount	select an item classification ABC
204	enter a dollar amount	select an item classification ABC
205	enter a dollar amount	select an item classification ABC