OM (with OM Online, 1 term (6 months) Printed Access Card)
6th Edition
ISBN: 9781305664791
Author: David Alan Collier, James R. Evans
Publisher: Cengage Learning
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Question
Chapter 5, Problem 3PA
Summary Introduction
Interpretation: Value of k and economic loss.
Concept Introduction:
Reliability is the probability of a product which performs under designed and controlled atmosphere in a given period of time. This is checked to know the accuracy of the product.
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Help me solve part C.
Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the
following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.)
Dollar
Item
Annual Demand Cost/Unit
Volume
% of Total Dollar
Volume
A2
10
120
B8
4000
12
48,000
5.65
C7
1500
45
67,500
7.94
D1
2000
44
E9
1000
20
20,000
2.35
F3
25
40
G2
200
1500
300,000
35.29
H2
600
20
12,000
1.41
15
1000
300
J8
2500
5
12,500
1.47
Chapter 5 Solutions
OM (with OM Online, 1 term (6 months) Printed Access Card)
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