2 please answer both thanks.ABC analysis classifies on-hand inventory into three categories A, B, and C, based upon the:number of units on hand of individual SKUStotal dollar sales of individual SKUSrate of unit turnover (fast moving, slow moving SKUS)unit price of a SKUA retail store has the following cycle counting plan.There are 1000 "A" (high importance) items that must be counted 6 times each per year. There are 1500 "B" (medium importance) items that must be counted 3 times eachper year.There are 2500 "C" (low importance) items that must be counted 2 times per year.Approximately how many counts of B items per day would the stock-taker make? Assume 260 working days in a year, Pick the closest answer from the four optionsprovided below. (Hint: Find total of counts for all item categories first)23O 20O 19O 18

ANSWER : Option : b) Total dollar sales of individual SKUs ABC analysis is based on annual dollar…

Answered: ABC analysis classifies on-hand…

Practical Management Science

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ISBN:9781337406659

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

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ABC analysis classifies on-hand inventory into three categories A, B, and C, based upon the: number of units on band of inddividual SKUs