5. Boreki Enterprises has the following 10 items in inventory. Theodore Boreki asks you, a recent OMgraduate, to divide these items into ABC classifications.Cost/Unit ($)ItemAnnual DemandA23,00050B84,00012C71,50045D16,00010E91,00020F3500500G23001,500H260020I51,75010J82,5005a. Develop an ABC classification system for the 10 items.b. How can Boreki use this information?c. Boreki reviews the classification and then places item A2 into the A category. Why might he do so?

Boreki Enterprises uses the ABC categorization approach to rank inventory control according to…

Answered: 5. Boreki Enterprises has the following…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Inventory is any idle goods ormaterials held by an organizationfor use sometime in the future.Explain two usages of theimportance of inventory.
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19. SPRAY-PAINT INVENTORY The Graphic Hobby House made purchases of assorted colors of spray paint during the year as follows. Beginning inventory 200 cans at $2.20 March 400 cans at $2.40 May 700 cans at $2.00 August 500 cans at $2.30 November 300 cans at S2.60 At the end of the year, they had 450 cans of spray paint in stock. (a) Find the inventory value using the weighted-average method. (b) Find the inventory value using the FIFO method. (c) Find the inventory value using the LIFO method.
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4) Rane Brake Linings gathered information for its brake lining components as presented in the table below. How would the firm classify these items according to an ABC classification system? Initial Information Part # Unit Cost Annual Demand 10 10 200 11 30 125 12 9 100 13 12 5000 14 50 195 15 6 300 16 100 70
K Cesar Rego Computers, a Mississippi chain of computer hardware and software retail outlets, supplies both educational and commercial customers with memory and storage devices. It currently faces the following ordering decision relating to purchases of disks: D S I Purchase price Discount price Quantity needed to qualify for the discount = 5,900 disks. What is the EOQ? 36,100 disks $25 22% $0.87 $0.81 EOQ = units (round your response to the nearest whole number). ncorrect
38 In the basic EOQ model, if D = 6000 per year, S = $100, and holding cost = $5 per unit per month, what is the economic order quantity? Select one: a. 600 b. 24 c. 100 d. 490 e. 141
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Sh29
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