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 % of Total Dollar Item Annual Demand Cost/Unit Volume Volume A2 3500 50 48.000 67,500 B8 4000 12 4.69 C7 1500 45 6.60 D1 6000 20 E9 1000 20 20,000 1.96 F3 500 500 G2 200 1500 300,000 29.34 H2 600 20 12,000 1.17 15 1750 10 J8 2500 5 12,500 1.22
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 % of Total Dollar Item Annual Demand Cost/Unit Volume Volume A2 3500 50 48.000 67,500 B8 4000 12 4.69 C7 1500 45 6.60 D1 6000 20 E9 1000 20 20,000 1.96 F3 500 500 G2 200 1500 300,000 29.34 H2 600 20 12,000 1.17 15 1750 10 J8 2500 5 12,500 1.22
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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