Question 3: Given the following list of items (a) Calculate the annual usage cost of each item. (2.5 marks) (b) Classify the items as A, B, or C. (7.5 marks) Item Annual Demand Ordering cost (S) Holding Cost (S) Unit Price (S) 101 500 102 1500 103 5000 104 250 105 1500 201 10000 202 1000 203 1500 204 500 205 100 15 10 25 15 35 25 10 20 40 10 25 30 30 25 35 20 20 25 25 15 0.50 020 1.00 4.50 1.70 0.75 1.35 0.25 0.80 2.50 Page 3 of 3 Question 3: Given the following list of items (a) Calculate the annual usage cost of each item. (2.5 marks) (b) Classify the items as A, B, or C. (7.5 marks) Item Annual Demand Ordering cost (S) Holding Cost (S) Unit Price (S) 101 500 102 1500 103 5000 104 250 105 1500 201 10000 202 1000 203 1500 204 500 205 100 15 10 25 15 35 25 10 20 40 10 25 30 30 25 35 20 20 25 25 15 0.50 020 1.00 4.50 1.70 0.75 1.35 0.25 0.80 2.50 Page 3 of 3