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