Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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please answer both thanks.
ABC analysis classifies on-hand inventory into three categories A, B, and C, based upon the:
number of units on hand of individual SKUS
total dollar sales of individual SKUS
rate of unit turnover (fast moving, slow moving SKUS)
unit price of a SKU
A retail store has the following cycle counting plan.
There are 1000 "A" (high importance) items that must be counted 6 times each per year. There are 1500 "B" (medium importance) items that must be counted 3 times each
per year.
There are 2500 "C" (low importance) items that must be counted 2 times per year.
Approximately how many counts of B items per day would the stock-taker make? Assume 260 working days in a year, Pick the closest answer from the four options
provided below. (Hint: Find total of counts for all item categories first)
23
O 20
O 19
O 18
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Transcribed Image Text:please answer both thanks. ABC analysis classifies on-hand inventory into three categories A, B, and C, based upon the: number of units on hand of individual SKUS total dollar sales of individual SKUS rate of unit turnover (fast moving, slow moving SKUS) unit price of a SKU A retail store has the following cycle counting plan. There are 1000 "A" (high importance) items that must be counted 6 times each per year. There are 1500 "B" (medium importance) items that must be counted 3 times each per year. There are 2500 "C" (low importance) items that must be counted 2 times per year. Approximately how many counts of B items per day would the stock-taker make? Assume 260 working days in a year, Pick the closest answer from the four options provided below. (Hint: Find total of counts for all item categories first) 23 O 20 O 19 O 18
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