ABC INVENTORY CLASSIFICATION A company trades with a number of items and the management is interested in classifying the items contained in the warehouse according to the order of importance, by the capital retained in the warehouse. the items contained in the warehouse according to the order of importance, by the capital retained in the warehouse.The following is a list of the items the company deals with and their respective demand and cost. demand and cost. c) Will you be able to decide with the classification tool which of the items can no longer be marketed by the company?
ABC INVENTORY CLASSIFICATION A company trades with a number of items and the management is interested in classifying the items contained in the warehouse according to the order of importance, by the capital retained in the warehouse. the items contained in the warehouse according to the order of importance, by the capital retained in the warehouse.The following is a list of the items the company deals with and their respective demand and cost. demand and cost. c) Will you be able to decide with the classification tool which of the items can no longer be marketed by the company?
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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ABC INVENTORY CLASSIFICATION
A company trades with a number of items and the management is interested in classifying the items contained in the warehouse according to the order of importance, by the capital retained in the warehouse.
the items contained in the warehouse according to the order of importance, by the capital retained in the warehouse.The following is a list of the items the company deals with and their respective demand and cost.
demand and cost.
c) Will you be able to decide with the classification tool which of the items can no longer be marketed by the company?
Transcribed Image Text:Product Annual demand Unitary cost ($)
1
10
2
2,5
3
5
2
12
1,67
25
56
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
100
150
280
400
50
200
300
500
600
500
400
80
90
120
120
80
80
200
300
400
250
450
180
150
180
320
100
90
180
290
3,80
4
10
12
20
30
40
20
15
20
25
30
15
12,5
3,56
50,95
10,5
18,95
12,86
6
14,45
30,4
95,9
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