Please do not give solution in image format thankuthe drop down options are B-A-C For all L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in thetable below. How would the plant classify these items according to an ABC classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to twodecimal places)ItemCode12892347234923632394239567827844821083109111L. Houts Plastics Charlotte Inventory LevelsAvg.ValueInventory (units) ($/unit)4.254.002.5036030012070602520128761.801.751.751.152.051.602.003.00DollarVolume1,200300105232514183,397% of DollarVolume35.328.833.090.680.720.410.53For the following three questions, consider only items 1289, 2349, and 8210 from the above table for relative classification (these are some of the items for which you computed the metrics)Based on the percentages of dollar volume, item number 1289 should be classified asItem number 2349 should be classified astem number 8210 should be classified as

Here, for each item code, I have been given the Average inventory units and value per unit, so, I…

For the following three questions, consider only tems 1289, 2349, and 8210 from the above table for relative classification (these are some of the items for which you computed the metrics) should be classified as Based on the percentages of dollar volume, item number 1289 should Item number 2349 should be classified as em number 8210 should be classified as

For the following three questions, consider only tems 1289, 2349, and 8210 from the above table for relative classification (these are some of the items for which you computed the metrics) should be classified as Based on the percentages of dollar volume, item number 1289 should Item number 2349 should be classified as em number 8210 should be classified as

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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