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 the following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places) Item A2 B8 C7 Dollar Volume D1 E9 F3 Annual Demand Cost/Unit 500 300 4000 12 45 1500 20 1000 20,000 34 35 20 250 1500 20 65 ☐ G2 200 300,000 12,000 H2 600 15 1000 F J8 2500 5 12,500 For 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 as Item F3 should be classified as 48,000 67,500 n O % of Total Dollar Volume 7.02 9.87 2.92 43.85 1.75 1.83
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 the following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places) Item A2 B8 C7 Dollar Volume D1 E9 F3 Annual Demand Cost/Unit 500 300 4000 12 45 1500 20 1000 20,000 34 35 20 250 1500 20 65 ☐ G2 200 300,000 12,000 H2 600 15 1000 F J8 2500 5 12,500 For 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 as Item F3 should be classified as 48,000 67,500 n O % of Total Dollar Volume 7.02 9.87 2.92 43.85 1.75 1.83
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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Transcribed Image Text: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 the following questions. (Round dollar volume to the nearest whole number and
percentage of dollar volume to two decimal places.)
Item
A2
B8
C7
D1
E9
F3
G2
H2
15
J8
Item F3 should be classified as
Annual Demand Cost/Unit
500
300
4000
12
1500
45
35
20
250
1500
20
65
5
20
1000
34
200
600
1000
2500
Dollar % of Total Dollar
Volume
Volume
48,000
67,500
20,000
300,000
12,000
12,500
For 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 as
7.02
9.87
2.92
43.85
1.75
1,83
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