Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q 8 . Given the following count information, calculate inventory accuracy. ( 5 marks ) Part Number Description Perpetual Inventory Record Count 1 0 0

Q8. Given the following count information, calculate inventory accuracy. (5 marks)
Part Number
Description
Perpetual Inventory Record
Count
1000
Packaging Assembly
6000
5760
1200
Red Bull
5000
4875
1300
Starbucks Gift Card $25
1000
995
1800
LCBO Gift Card $10
400
390
2100
Tissue
19620
18930
3000
No Frills Gift Card $25
1550
1540
3100
Apples
1750
1620
5200
Breath Mints
6814
6925
6000
Toblerone Chocolate Bar
10475
10396
If A items have a 0% tolerance, B items have a 3% tolerance and C items have a 5% tolerance, what is the inventory accuracy?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Management With CompTIA Project+

Authors: Joseph Phillips

4th Edition

9781259860300

More Books

Students also viewed these General Management questions

Question

Describe the major barriers to the use of positive reinforcement.

Answered: 1 week ago