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L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information

L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC classification system?

(Round

dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.)

Part 2

L. Houts Plastics Charlotte Inventory Levels
Item Code Avg. Inventory (units)

Value

($/unit)

Dollar

Volume

% of Dollar Volume
1289 380 4.25 enter your response here enter your response here
2347 300 4.00 1,200 34.32
2349 120 2.50 300 8.58
2363 65 1.80 enter your response here enter your response here
2394 60 1.75 105 3.00
2395 30 2.25 enter your response here enter your response here
6782 20 1.15 23 0.66
7844 12 2.05 25 0.70
8210 8 1.60 enter your response here enter your response here
8310 7 2.00 14 0.40
9111 6 3.00 18 0.51
3,497

Part 3

For the following three questions, consider only items

1289,

2349,

and

8210

from the above table for relative classification (these are some of the items for which you computed the metrics).

Based on the percentages of dollar volume, item number

1289

should be classified as

B

C

A

.

Part 4

Item number

2349

should be classified as

A

C

B

.

Part 5

Item number

8210

should be classified as

B

C

A

.

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