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.) Item Annual Demand Cost/Unit Dollar Volume % of Total Dollar Volume A2 250 20 5000 .58 B8 4000 12 48,000 5.56 C7 1500 45 67,500 7.81 D1 150 2000 300000 34.72 E9 1000 20 20,000 2.31 F3 60 150 9,000 1.04 G2 200 1500 300,000 34.72 H2 600 20 12,000 1.39 15 300 J8 2500 300 5 90,000 12,500 10.42 1.45 For the following two questions consider only items A2 and F3 for relative classification (these are some of the items for which you computed the metrics). Based on the percentages of dollar volume, item A2 should be classified as B C с A
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.) Item Annual Demand Cost/Unit Dollar Volume % of Total Dollar Volume A2 250 20 5000 .58 B8 4000 12 48,000 5.56 C7 1500 45 67,500 7.81 D1 150 2000 300000 34.72 E9 1000 20 20,000 2.31 F3 60 150 9,000 1.04 G2 200 1500 300,000 34.72 H2 600 20 12,000 1.39 15 300 J8 2500 300 5 90,000 12,500 10.42 1.45 For the following two questions consider only items A2 and F3 for relative classification (these are some of the items for which you computed the metrics). Based on the percentages of dollar volume, item A2 should be classified as B C с A
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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Transcribed Image Text: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.)
Item
Annual Demand Cost/Unit
Dollar
Volume
% of Total Dollar
Volume
A2
250
20
5000
.58
B8
4000
12
48,000
5.56
C7
1500
45
67,500
7.81
D1
150
2000
300000
34.72
E9
1000
20
20,000
2.31
F3
60
150
9,000
1.04
G2
200
1500
300,000
34.72
H2
600
20
12,000
1.39
15
J8
58
300
2500
300
5
90,000
12,500
10.42
1.45
For the following two questions consider only items A2 and F3 for relative classification (these are some of the items for which you computed the metrics).
Based on the percentages of dollar volume, item A2 should be classified as
B
C
A
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