dolution
Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks? you, a recent OM? graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the following questions.
?(Round
dollar volume to the nearest whole number and percentage of dollar volume to two decimal? places.)
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Item |
Annual Demand |
?Cost/Unit |
Dollar Volume |
?% of Total Dollar Volume |
||||
Upper A 2A2 |
35003500 |
5050 |
nothing |
nothing |
||||
Upper B 8B8 |
40004000 |
1212 |
48 comma 00048,000 |
4.694.69 |
||||
Upper C 7C7 |
15001500 |
4545 |
67 comma 50067,500 |
6.606.60 |
||||
Upper D 1D1 |
60006000 |
2020 |
nothing |
nothing |
||||
Upper E 9E9 |
10001000 |
2020 |
20 comma 00020,000 |
1.961.96 |
||||
Upper F 3F3 |
500500 |
500500 |
nothing |
nothing |
||||
Upper G 2G2 |
200200 |
15001500 |
300 comma 000300,000 |
29.3429.34 |
||||
Upper H 2H2 |
600600 |
2020 |
12 comma 00012,000 |
1.171.17 |
||||
Upper I 5I5 |
17501750 |
1010 |
nothing |
nothing |
||||
Upper J 8J8 |
25002500 |
55 |
12 comma 50012,500 |
1.221.22 |
For the following two questions consider only items
Upper A 2A2
and
Upper F 3F3
for relative classification? (these are some of the items for which you computed the? metrics).Based on the percentages of dollar? volume, item
Upper A 2A2
should be classified as
?
A
B
C
.Item
Upper F 3F3
should be classified as
?
B
C
A
.
Enter your answer in each of the answer boxes.
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