Use the data points provided in the attached Excel file to calculate the following: 1. The Annual Usage - 2. The Cumulative Ratio of Annual Usage (%) 3. The Cumulative Ratio of Usage Value (%) and ABC classification.

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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Use the data points provided in the attached Excel file to calculate the following:

1. The Annual Usage -

2. The Cumulative Ratio of Annual Usage (%)

3. The Cumulative Ratio of Usage Value (%) and ABC classification. 

1
2
3
45
4
6
7
8
9
10
11
12
13
14
15
16
17
A
B
UNIT 2 ASSIGNMENT 2
A
ITEM
1
12
2
с
3
4
5
6
7
8
9
10
ANNUAL USAGE
2,400
6,200
8,500
3,200
6,000
750
8,200
9,000
5,800
820
D
B
UNIT COST
$19.51
$32.60
$10.20
$6.80
$4.50
$55.70
$3.60
$44.90
$35.62
$82.60
E
A*B
VALUE
$0.00
F
G
Cumulative Cumulative
ratio of
ratio of
annual Usage annual Usage
(%)
Value(%)
H
CLASSIFICATION
J
K
L
M
N
Transcribed Image Text:1 2 3 45 4 6 7 8 9 10 11 12 13 14 15 16 17 A B UNIT 2 ASSIGNMENT 2 A ITEM 1 12 2 с 3 4 5 6 7 8 9 10 ANNUAL USAGE 2,400 6,200 8,500 3,200 6,000 750 8,200 9,000 5,800 820 D B UNIT COST $19.51 $32.60 $10.20 $6.80 $4.50 $55.70 $3.60 $44.90 $35.62 $82.60 E A*B VALUE $0.00 F G Cumulative Cumulative ratio of ratio of annual Usage annual Usage (%) Value(%) H CLASSIFICATION J K L M N
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