Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer thefollowing questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.)ItemAnnual Demand Cost/UnitDollarVolume% of Total DollarVolumeA2250205000.58B840001248,0005.56C715004567,5007.81D1150200030000034.72E910002020,0002.31F3601509,0001.04G22001500300,00034.72H26002012,0001.3915J8583002500300590,00012,50010.421.45For the following two questions consider only items A2 and F3 for relative classification (these are some of the items for which you computed the metrics).Based on the percentages of dollar volume, item A2 should be classified asBCA

Answered: Boreki Enterprise has the following 10…

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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