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 Volume % of Total Dollar Item Annual Demand Cost/Unit Volume A2 500 300 4000 1500 B8 12 48,000 7.02 C7 45 67,500 9.87 D1 20 35 1000 20,000 E9 20 2.92 F3 34 250 300,000 12,000 43.85 G2 H2 200 600 1500 20 1.75 15 1000 65 J8 2500 12,500 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.) Dollar Volume % of Total Dollar Item Annual Demand Cost/Unit Volume A2 500 300 4000 1500 B8 12 48,000 7.02 C7 45 67,500 9.87 D1 20 35 1000 20,000 E9 20 2.92 F3 34 250 300,000 12,000 43.85 G2 H2 200 600 1500 20 1.75 15 1000 65 J8 2500 12,500 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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