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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 the How would according to an ABC places) and percentage em Code Avg Inventory (units) 1289 2347 2349 2363 2394 2395 6782 7844 L. Houts Plastics Charlotte Inventory Levels 8210 8310 9111 360 300 120 65 60 25 20 12 10 7 6 Value (unit) 3.50 4.00 2.50 1.80 1.75 2.25 1.15 2.05 1.60 2.00 3.00 Dollar Volume 1,200 300 105 23 25 14 18 3,134 % of Dollar Volume 38.29 9.57 3.35 0.73 0.78 0.45 0.57

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 the How would according to an ABC places) and percentage em Code Avg Inventory (units) 1289 2347 2349 2363 2394 2395 6782 7844 L. Houts Plastics Charlotte Inventory Levels 8210 8310 9111 360 300 120 65 60 25 20 12 10 7 6 Value (unit) 3.50 4.00 2.50 1.80 1.75 2.25 1.15 2.05 1.60 2.00 3.00 Dollar Volume 1,200 300 105 23 25 14 18 3,134 % of Dollar Volume 38.29 9.57 3.35 0.73 0.78 0.45 0.57

Practical Management Science
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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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 the ← table 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 two decimal places) Item Code Avg. Inventory (units) 1289 2347 2349 2363 2394 2395 L. Houts Plastics Charlotte Inventory Levels Value Dollar Volume (S/unit) 3.50 6782 7844 8210 8310 9111 360 300 120 65 60 25 222216 20 10 7 4.00 2.50 1.80 1.75 2.25 1.15 2.05 1.60 2.00 3.00 1,200 300 105 23 25 14 18 3,134 % of Dollar Volume 38.29 9.57 3.35 0.73 0.78 0.45 0.57
Transcribed Image Text: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 the ← table 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 two decimal places) Item Code Avg. Inventory (units) 1289 2347 2349 2363 2394 2395 L. Houts Plastics Charlotte Inventory Levels Value Dollar Volume (S/unit) 3.50 6782 7844 8210 8310 9111 360 300 120 65 60 25 222216 20 10 7 4.00 2.50 1.80 1.75 2.25 1.15 2.05 1.60 2.00 3.00 1,200 300 105 23 25 14 18 3,134 % of Dollar Volume 38.29 9.57 3.35 0.73 0.78 0.45 0.57
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