Boreki Enterprise Has The Following 10 Items In Inventory Theodore Boreki Asks You A Recent Om Graduate To Divide The 1 (31.52 KiB) Viewed 18 times
Boreki Enterprise Has The Following 10 Items In Inventory Theodore Boreki Asks You A Recent Om Graduate To Divide The 2 (25.1 KiB) Viewed 18 times
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.) 120 45 Dollar % of Total Dollar Item Annual Demand Cost/Unit Volume Volume A2 10 B8 4000 12 48,000 5.65 C7 1500 67,500 7.94 D1 2000 44 E9 1000 20 20,000 2.35 F3 25 40 G2 200 1500 300,000 35.29 H2 600 20 12,000 1.41 15 1000 300 J8 2500 5 12,500 1.47 For the following two questions consider only items A2 and F3 for relative classification (these are some of the items for which you computed the metrics)
Dollar Volume % of Total Dollar Volume A2 48,000 67,500 5.65 7.94 Item Annual Demand Cost/Unit 10 120 B8 4000 12 C7 1500 45 D1 2000 44 E9 1000 20 F3 25 40 G2 200 1500 H2 600 20 15 1000 300 J8 2500 5 20,000 2.35 300,000 12,000 35.29 1.41 12,500 1.47 For the following two questions consider only items A2 and F3 for relative classification (these are some of the items for which you computed the metrics) Based on the percentages of dollar volume, item A2 should be classified as Item F3 should be classified as
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!