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5. Boreki Enterprises has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Cost/Unit ($) Item Annual Demand A2 3,000 50 B8 4,000 12 C7 1,500 45 D1 6,000 10 E9 1,000 20 F3 500 500 G2 300 1,500 H2 600 20 I5 1,750 10 J8 2,500 5 a. 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?

5. Boreki Enterprises has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Cost/Unit ($) Item Annual Demand A2 3,000 50 B8 4,000 12 C7 1,500 45 D1 6,000 10 E9 1,000 20 F3 500 500 G2 300 1,500 H2 600 20 I5 1,750 10 J8 2,500 5 a. 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?

Practical Management Science
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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5. Boreki Enterprises has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Cost/Unit ($) Item Annual Demand A2 3,000 50 B8 4,000 12 C7 1,500 45 D1 6,000 10 E9 1,000 20 F3 500 500 G2 300 1,500 H2 600 20 I5 1,750 10 J8 2,500 5 a. Develop an ABC classification system for the 10 items. b. How can Boreki use this information? c. Boreki reviews the classification and then places item A2 into the A category. Why might he do so?
Transcribed Image Text:5. Boreki Enterprises has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Cost/Unit ($) Item Annual Demand A2 3,000 50 B8 4,000 12 C7 1,500 45 D1 6,000 10 E9 1,000 20 F3 500 500 G2 300 1,500 H2 600 20 I5 1,750 10 J8 2,500 5 a. 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?
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