Question 3, Problem 12 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 answerthe following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.)Dollar% of Total DollarItemAnnual Demand Cost/UnitVolumeVolumeA225020B840001248,00067,5005.56C71500457.81D11502000E910002020,0002.31F36015034.721.39G22001500300,00012,000H26002015300300J8250012,5001.45ItemAnnual DemandCost/UnitA225020B8400012C7150045D11502000E9100020F360150G22001500H26002015300300J825005

The ABC analysis is the technique of inventory management that is used to identify the value of inventory items according to their features and importance in a business. The calculation for dollar volume is as follows: The calculation for % of total dollar volume is as follows:

Business

Operations Management

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.) Dollar Item Annual Demand Cost/Unit Volume % of Total Dollar Volume A2 250 20 B8 4000 12 48,000 5.56 C7 1500 45 67,500 7.81 D1 150 2000 E9 1000 20 20,000 2.31 F3 60 150 G2 200 1500 300,000 34.72 H2 600 20 12,000 1.39 15 300 300 J8 2500 12,500 1.45

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.) Dollar Item Annual Demand Cost/Unit Volume % of Total Dollar Volume A2 250 20 B8 4000 12 48,000 5.56 C7 1500 45 67,500 7.81 D1 150 2000 E9 1000 20 20,000 2.31 F3 60 150 G2 200 1500 300,000 34.72 H2 600 20 12,000 1.39 15 300 300 J8 2500 12,500 1.45

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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