Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Barbara Flynn's company has compiled the data below on a small set of products. Based on the percentages of dollar volume, perform an ABC analysis on her data by completing the table below. Assume that class A items represent
about 72% of the total dollar usage, class B-about 23%, class C-less than 5% (round your responses to the nearest whole number).
Item
A
B
C
D
E
Annual Demand
50
75
150
500
400
Unit Cost
$90
$140
$100
$70
$90
Annual Dollar Volume Classification
$4,500
$10,500
$
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Transcribed Image Text:Barbara Flynn's company has compiled the data below on a small set of products. Based on the percentages of dollar volume, perform an ABC analysis on her data by completing the table below. Assume that class A items represent about 72% of the total dollar usage, class B-about 23%, class C-less than 5% (round your responses to the nearest whole number). Item A B C D E Annual Demand 50 75 150 500 400 Unit Cost $90 $140 $100 $70 $90 Annual Dollar Volume Classification $4,500 $10,500 $
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