Homework Help is Here – Start Your Trial Now!
Business
Economics
The finished goods inventory of a small manufacturing company is shown below (available in data file for Module 9). Perform an ABC analysis on the data (Assign A items to a maximum of 70 % of the cumulative value and B items to a maximum of the next 20% of the cumulative value (a total of 90%).)   d) What assignment was made to the following items: 2456? 1204? 1448? 9034?

The finished goods inventory of a small manufacturing company is shown below (available in data file for Module 9). Perform an ABC analysis on the data (Assign A items to a maximum of 70 % of the cumulative value and B items to a maximum of the next 20% of the cumulative value (a total of 90%).)   d) What assignment was made to the following items: 2456? 1204? 1448? 9034?

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
See similar textbooks
icon
Related questions
Question
100%
  1. The finished goods inventory of a small manufacturing company is shown below (available in data

file for Module 9). Perform an ABC analysis on the data (Assign A items to a maximum of 70 % of the

cumulative value and B items to a maximum of the next 20% of the cumulative value (a total of 90%).)

 

  1. d) What assignment was made to the following items: 2456? 1204? 1448? 9034?

 

SKU Code 1021 1204 1448 2144 2282 2456 2698 3129 3141 3310 3312 3712 3943 4351 4682 4683 4991 5231 5940 5995 6466 6912 7006 7060 7087 7670 8101 8447 8989 9034 Value ($) 125.00 10.00 12.00 20.00 17.00 500.00 25.00 5.00 2.00 1.00 0.75 8.00 1.50 0.75 3.00 1.00 1500 20.00 110.00 50.00 0.90 8.00 45.00 3.00 4.00 2.00 10.00 7.00 6.00 4.00 Demand (units) 100 1,750 2,000 200 330 675 85 2,500 1,000 1,500 625 200 125 410 700 1,200 320 600 120 1,500 200 1,200 1,700 300 800 75 6,000 800 500 1,500
Transcribed Image Text:SKU Code 1021 1204 1448 2144 2282 2456 2698 3129 3141 3310 3312 3712 3943 4351 4682 4683 4991 5231 5940 5995 6466 6912 7006 7060 7087 7670 8101 8447 8989 9034 Value ($) 125.00 10.00 12.00 20.00 17.00 500.00 25.00 5.00 2.00 1.00 0.75 8.00 1.50 0.75 3.00 1.00 1500 20.00 110.00 50.00 0.90 8.00 45.00 3.00 4.00 2.00 10.00 7.00 6.00 4.00 Demand (units) 100 1,750 2,000 200 330 675 85 2,500 1,000 1,500 625 200 125 410 700 1,200 320 600 120 1,500 200 1,200 1,700 300 800 75 6,000 800 500 1,500
Expert Solution
steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Optimal Output
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS