The following table contains figures on the monthly volume and unit costs for a random sample of 16 items from a list of 2,000 inventory items at a health care facility:

a. Develop an A-B-C classification for these items.
b. How could the manager use this information?
c. After reviewing your classification scheme, suppose that the manager decides to place item P05 into the A category. What are some possible explanations for this decision?

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tup-60 350 ” 110 120 40 500 " 6 55 9 1 2 4 50 3 20 10 12 15 40 30 16 10 200 600 150 25 80 200 300 800 05 36 16 20 80 20 30 5612545