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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 classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Item number 2349 should be classified as Item Code Item number 8210 should be classified as ▼ 1289 2347 2340 2349 CADA 2363 www 2394 YOUN 2395 6782 7844 8210 8310 9111 L. Houts Plastics Charlotte Inventory Levels Value Dollar ($/unit) Volume Avg. Inventory (units) 400 300 120 75 60 30 20 12 8 7 6 3.75 4.00 2.50 1.50 1.75 Sve 2.00 1.15 2.05 1.80 2.00 3.00 1,200 300 H 105 % of Dollar Volume 35.59 8.90 3.11 0.68 0.73 18 3,372 For 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 as 0.42 0.53

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 classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Item number 2349 should be classified as Item Code Item number 8210 should be classified as ▼ 1289 2347 2340 2349 CADA 2363 www 2394 YOUN 2395 6782 7844 8210 8310 9111 L. Houts Plastics Charlotte Inventory Levels Value Dollar ($/unit) Volume Avg. Inventory (units) 400 300 120 75 60 30 20 12 8 7 6 3.75 4.00 2.50 1.50 1.75 Sve 2.00 1.15 2.05 1.80 2.00 3.00 1,200 300 H 105 % of Dollar Volume 35.59 8.90 3.11 0.68 0.73 18 3,372 For 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 as 0.42 0.53

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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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 number 2349 should be classified as Item Code Item number 8210 should be classified as 1289 2347 2349 2363 2394 2395 6782 7844 8210 8310 9111 L. Houts Plastics Charlotte Inventory Levels Value Dollar ($/unit) Volume Avg. Inventory (units) 400 300 120 75 60 30 20 12 8 7 76 6 3.75 4.00 2.50 1.50 1.75 2.00 1.15 2.05 1.80 2.00 3.00 1,200 300 105 23 25 14 18 3,372 % of Dollar Volume 35.59 8.90 3.11 0.68 0.73 For the following three questions, consider only items 1289, 2349, and 8210 from the above table for relative classification (these are some of the items for which you computed the metrics) Based on the percentages of dollar volume, item number 1289 should be classified as 0.42 0.53
Transcribed Image Text:L Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Item number 2349 should be classified as Item Code Item number 8210 should be classified as 1289 2347 2349 2363 2394 2395 6782 7844 8210 8310 9111 L. Houts Plastics Charlotte Inventory Levels Value Dollar ($/unit) Volume Avg. Inventory (units) 400 300 120 75 60 30 20 12 8 7 76 6 3.75 4.00 2.50 1.50 1.75 2.00 1.15 2.05 1.80 2.00 3.00 1,200 300 105 23 25 14 18 3,372 % of Dollar Volume 35.59 8.90 3.11 0.68 0.73 For 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 as 0.42 0.53
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