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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 Annual Demand Cost/Unit A2 B8 C7 D1 E9 F3 G2 H2 15 J8 10 4000 1500 2000 1000 Item F3 should be classified as 25 200 600 1000 2500 224424 120 12 45 20 40 1500 20 300 5 Dollar Volume 48,000 67,500 20,000 300,000 12,000 % of Total Dollar Volume A 5.65 7.94 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 B 2.35 35.29 1.41 1.47

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 Annual Demand Cost/Unit A2 B8 C7 D1 E9 F3 G2 H2 15 J8 10 4000 1500 2000 1000 Item F3 should be classified as 25 200 600 1000 2500 224424 120 12 45 20 40 1500 20 300 5 Dollar Volume 48,000 67,500 20,000 300,000 12,000 % of Total Dollar Volume A 5.65 7.94 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 B 2.35 35.29 1.41 1.47

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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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 Annual Demand Cost/Unit A2 120 B8 12 C7 45 D1 44 E9 20 F3 40 G2 H2 15 J8 10 4000 1500 2000 1000 25 200 600 1000 2500 Item F3 should be classified as 1500 20 300 5 Dollar Volume 48,000 67,500 20,000 300,000 12,000 12,500 % of Total Dollar Volume A B 5.65 7.94 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 C 2.35 35.29 1.41 1.47
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 Annual Demand Cost/Unit A2 120 B8 12 C7 45 D1 44 E9 20 F3 40 G2 H2 15 J8 10 4000 1500 2000 1000 25 200 600 1000 2500 Item F3 should be classified as 1500 20 300 5 Dollar Volume 48,000 67,500 20,000 300,000 12,000 12,500 % of Total Dollar Volume A B 5.65 7.94 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 C 2.35 35.29 1.41 1.47
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