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Oakwood Hospital is considering using ABC analysis to classify laboratory SKUs into three categories: those that will be delivered daily from their supplier (Class A

Oakwood Hospital is considering using ABC analysis to classify laboratory SKUs into three categories: those that will be delivered daily from their supplier (Class A items), those that will be controlled using a continuous review system (B items), and those that will be held in a two bin system (C items).

The following table shows the annual dollar usage for a sample of eight SKUs. Fill in the blanks for annual dollar usage below. (Enter your responses rounded to the nearest whole number.)

SKU Unit Value Demand (units) Annual Dollar Usage
1 $0.25 50,000 $enter your response here
2 $0.01 1,300 $enter your response here
3 $0.03 120,000 $enter your response here
4 $0.55 100 $enter your response here
5 $0.70 300 $enter your response here
6 $4.10 900 $enter your response here
7 $1.10 30,000 $enter your response here
8 $1.30 150 $enter your response here

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