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.)                                                                                                                         L. Houts Plastics Charlotte Inventory Levels Item Code Avg. Inventory​ (units) Value ​($/unit) Dollar Volume ​% of Dollar Volume 1289 380   3.50   insert answer   insert answer   2347 300   4.00   1,200   37.83   2349 120   2.50   300   9.46   2363 75   1.30   insert answer   insert answer   2394 60   1.75   105   3.31   2395 25   2.00   insert answer   insert answer   6782 20   1.15   23   0.73   7844 12   2.05   25   0.78   8210 5   2.00   insert answer   insert answer   8310 7   2.00   14   0.44   9111 6   3.00   18   0.57             3,172       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).   1. Based on the percentages of dollar​ volume, item number 1289 should be classified as A B or C   2. Item numbe 2349 should be classified as A B or C     3. Item number 8210 should be classified as A B or C

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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.)
                                                                                                                       
L. Houts Plastics Charlotte Inventory Levels
Item Code
Avg. Inventory​ (units)
Value
​($/unit)
Dollar
Volume
​% of Dollar Volume
1289
380
 
3.50
 
insert answer
 
insert answer
 
2347
300
 
4.00
 
1,200
 
37.83
 
2349
120
 
2.50
 
300
 
9.46
 
2363
75
 
1.30
 
insert answer
 
insert answer
 
2394
60
 
1.75
 
105
 
3.31
 
2395
25
 
2.00
 
insert answer
 
insert answer
 
6782
20
 
1.15
 
23
 
0.73
 
7844
12
 
2.05
 
25
 
0.78
 
8210
5
 
2.00
 
insert answer  
insert answer
 
8310
7
 
2.00
 
14
 
0.44
 
9111
6
 
3.00
 
18
 
0.57
 
 
 
 
 
 
3,172
 
 
 
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).
 
1. Based on the percentages of dollar​ volume, item number 1289 should be classified as A B or C
 
2. Item numbe 2349 should be classified as A B or C
 
 
3. Item number 8210 should be classified as A B or C
 
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