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Please Answer the entire question. (the blank spaces in the chart, in the questions and the multiple choice) 5. L. Houts Plastics is a large
Please Answer the entire question. (the blank spaces in the chart, in the questions and the multiple choice)
5. 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 belo Print 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.) Value Item Code 380 1289 2347 2349 2363 L. Houts Plastics Charlotte Inventory Levels Avg. Dollar Inventory % of Dollar Volume ($/unit) Volume (units) 3.75 300 4.00 1,200 36.32 120 2.50 300 9.08 65 1.80 60 1.75 105 3.18 30 2.25 20 1.15 23 0.70 12 2.05 25 0.74 5 2.00 7 2.00 14 0.42 6 3.00 18 0.54 3,304 2394 2395 6782 7844 8210 8310 9111 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 (1) Item number 2349 should be classified as (2) Item number 8210 should be classified as (3) (1) O A (2) ) (3) C OOO OD BStep by Step Solution
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