PROBLEM 2 a) Once the ABC classification of the articles has been carried out: - List the articles of group A -- Write down how the percentages of each of the groups were GROUP % OF USE VALUE % VALUE OF ITEM A B b) ARTICLE Qo TICO
PROBLEM 2 a) Once the ABC classification of the articles has been carried out: - List the articles of group A -- Write down how the percentages of each of the groups were GROUP % OF USE VALUE % VALUE OF ITEM A B b) ARTICLE Qo TICO
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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Solve the problem using the answer sheet (Problem 2)
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
Transcribed Image Text:2. A company that manufactures office furniture is required to make an ABC classification of its
articles according to the following information:
CONSUMPTION
Cu
(S/ Unit)
ARTICLE
(Units / year)
15000
Secretarial chair
480
Executive chair
850
11500
Individual chair
270
7500
Secretarial desk
920
1020
1250
5200
Execuțive desk
Computer table
Individual armchair
300
640
3300
1000
1060
Large armchair
Round table
380
690
1330
Oval table
980
900
a) Perform the ABC classification of the articles
b) Calculate Economic Lot and Optimal Incremental Total Cost for each of the items in Group "A"
according to the data in the following table and considering consumption as annual demand.
Cp
($/lote)
275
ARTICLE
P
Cm
Secretarial chair
(Units / year)
18300
The annual cost of keeping a
unit in inventory is equal to 10
times the last digit of your ballot
number expressed in $ / unit-
year NOTE: If the last number
of your ballot is 0 (zero)
consider Cm = $ 100 per unit at
Executive chair
13800
490
Individual chair
8850
155
Secretarial desk
1180
530
Execuțive desk
5900
720
Computer table
Individual armchair
3700
175
1100
370
year
Large armchair
410
610
Round table
1410
400
Oval table
940
565

Transcribed Image Text:PROBLEM 2
a) Once the ABC classification of the articles has been carried out:
- List the articles of group A
-- Write down how the percentages of each of the groups were
GROUP
% OF USE VALUE
% VALUE OF ITEM
A
B
b)
Qo
TICO
ARTICLE
Expert Solution

Given Details:
Find the Given details below:
Given details: | ||||||
Article | Cu ($/unit) |
Consumption (Units/Year) |
Article | P (Units/Year) |
Cp ($/lote) |
|
Secretarial Chair | 480 | 15000 | Secretarial Chair | 18300 | 275 | |
Executive Chair | 850 | 11500 | Executive Chair | 13800 | 490 | |
Individual chair | 270 | 7500 | Individual chair | 8850 | 155 | |
Secretarial desk | 920 | 1020 | Secretarial desk | 1180 | 530 | |
Executive desk | 1250 | 5200 | Executive desk | 5900 | 720 | |
Computer Table | 300 | 3300 | Computer Table | 3700 | 175 | |
Individual armchair | 640 | 1000 | Individual armchair | 1100 | 370 | |
Large armchair | 1060 | 380 | Large armchair | 410 | 610 | |
Round table | 690 | 1330 | Round table | 1410 | 400 | |
Oval table | 980 | 990 | Oval table | 940 | 565 |
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Solved in 3 steps with 2 images
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