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A company does an ABC analysis of its inventory and lates that out of 5000 items, 22% can be classified as A , 33% as B items, and the remainder as C items. A

A company does an ABC analysis of its inventory and lates that out of 5000 items, 22% can be classified as A , 33% as B items, and the remainder as C items. A

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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13.9. A company does an ABC analysis of its inventory and calculates that out of 5000 items, 22% can be classified as A items, 33% as B items, and the remainder as C items. A decision is made that A items are to be cycle counted once a month, B items every three months, and C items twice a year. Calculate the total counts and the counts per day by classification. The company works five days per week and 50 weeks per year. Classification A B C Number of Items Total counts per year Workdays per year Total counts per day Count Frequency per Year Number of Counts per Year % of Total Counts Counts per Day
Transcribed Image Text:13.9. A company does an ABC analysis of its inventory and calculates that out of 5000 items, 22% can be classified as A items, 33% as B items, and the remainder as C items. A decision is made that A items are to be cycle counted once a month, B items every three months, and C items twice a year. Calculate the total counts and the counts per day by classification. The company works five days per week and 50 weeks per year. Classification A B C Number of Items Total counts per year Workdays per year Total counts per day Count Frequency per Year Number of Counts per Year % of Total Counts Counts per Day
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