QUESTION 3 (INVENTORY MANAGEMENT: ABC ANALYSIS) Booker's Book Bindery divides SKUs into three classes according to their dollar usage. Calculate the usage values of the following SKUs and determine which is most likely to be classified as class A. SKU Number 1 2 3 4 5 6 7 SKU- STOCK-KEEPING UNIT Description Boxes Cardboard (square feet) Cover stock Glue (gallons) Inside covers Reinforcing tape (meters) Signatures Quantity Used per Year 500 18,000 10,000 75 20,000 3,000 150,000 Unit Value $3.00 $0.02 $0.75 $40.00 $0.05 $0.15 $0.45

QUESTION 3 (INVENTORY MANAGEMENT: ABC ANALYSIS) Booker's Book Bindery divides SKUs into three classes according to their dollar usage. Calculate the usage values of the following SKUs and determine which is most likely to be classified as class A. SKU Number 1 2 3 4 5 6 7 SKU- STOCK-KEEPING UNIT Description Boxes Cardboard (square feet) Cover stock Glue (gallons) Inside covers Reinforcing tape (meters) Signatures Quantity Used per Year 500 18,000 10,000 75 20,000 3,000 150,000 Unit Value $3.00 $0.02 $0.75 $40.00 $0.05 $0.15 $0.45

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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