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Walmart categorizes inventory items with annual usage: A (10,000 units, $30/unit), B (20,000 units, $15/unit), C (50,000 units, $5/unit). Requirements: Classify items into ABC categories
- Walmart categorizes inventory items with annual usage: A (10,000 units, $30/unit), B (20,000 units, $15/unit), C (50,000 units, $5/unit).
- Requirements:
- Classify items into ABC categories based on annual usage value.
- Calculate the total inventory cost for each category.
- Prepare an inventory management report.
- Recommend strategies to optimize inventory levels for each category.
- Requirements:
- Classify items into ABC categories based on annual usage value.
- Calculate the total inventory cost for each category.
- Prepare an inventory management report.
- Recommend strategies to optimize inventory levels for each category.
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