L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facity in Charlotte ylelds the information presented in the table below. How would the plant classity 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 Dollar % of Dollar Volume (Slunit) 3 25 Volume 1289 420 2347 300 4.00 1.200 37.31 2349 120 2.50 300 9.33 2363 70 1.30 2394 60 1.75 105 3.26 2396 30 2.25 6782 7844 20 12 1.15 2.05 23 25 0.72 0.76 8210 1.60 8310 7. 2.00 3.00 0.44 9111 18 0 56 3.216 For the following three questions, consider only tems 1289, 2349, and 8210 from the above table for etive cassification (these are some of the items for which you computed the metrics) Based on the percentages of dollar volume, tem number 1209 should be classified as (1) bem number 2349 should be classified as (2) thm number 8210 shouid be classified as (3). (2) O A O B (1) O A (3) O B O B
L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facity in Charlotte ylelds the information presented in the table below. How would the plant classity 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 Dollar % of Dollar Volume (Slunit) 3 25 Volume 1289 420 2347 300 4.00 1.200 37.31 2349 120 2.50 300 9.33 2363 70 1.30 2394 60 1.75 105 3.26 2396 30 2.25 6782 7844 20 12 1.15 2.05 23 25 0.72 0.76 8210 1.60 8310 7. 2.00 3.00 0.44 9111 18 0 56 3.216 For the following three questions, consider only tems 1289, 2349, and 8210 from the above table for etive cassification (these are some of the items for which you computed the metrics) Based on the percentages of dollar volume, tem number 1209 should be classified as (1) bem number 2349 should be classified as (2) thm number 8210 shouid be classified as (3). (2) O A O B (1) O A (3) O B O B
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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Transcribed Image Text:L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facity in Charlotte ylelds the information
presented in the table below. How would the plant classity 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
Dollar
% of Dollar Volume
(Slunit)
3 25
Volume
1289
420
2347
300
4.00
1.200
37.31
2349
120
2.50
300
9.33
2363
70
1.30
2394
60
1.75
105
3.26
2396
30
2.25
6782
7844
20
12
1.15
2.05
23
25
0.72
0.76
8210
1.60
8310
7.
2.00
3.00
0.44
9111
18
0 56
3.216
For the following three questions, consider only tems 1289, 2349, and 8210 from the above table for etive cassification (these are some of the items for which you computed the metrics)
Based on the percentages of dollar volume, tem number 1209 should be classified as (1)
bem number 2349 should be classified as (2)
thm number 8210 shouid be classified as (3).
(2) O A
O B
(1) O A
(3) O B
O B
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