L Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Item number 2349 should be classified as Item Code Item number 8210 should be classified as ▼ 1289 2347 2340 2349 CADA 2363 www 2394 YOUN 2395 6782 7844 8210 8310 9111 L. Houts Plastics Charlotte Inventory Levels Value Dollar ($/unit) Volume Avg. Inventory (units) 400 300 120 75 60 30 20 12 8 7 6 3.75 4.00 2.50 1.50 1.75 Sve 2.00 1.15 2.05 1.80 2.00 3.00 1,200 300 H 105 % of Dollar Volume 35.59 8.90 3.11 0.68 0.73 18 3,372 For the following three questions, consider only items 1289, 2349, and 8210 from the above table for relative classification (these are some of the items for which you computed the metrics) Based on the percentages of dollar volume, item number 1289 should be classified as 0.42 0.53
L Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Item number 2349 should be classified as Item Code Item number 8210 should be classified as ▼ 1289 2347 2340 2349 CADA 2363 www 2394 YOUN 2395 6782 7844 8210 8310 9111 L. Houts Plastics Charlotte Inventory Levels Value Dollar ($/unit) Volume Avg. Inventory (units) 400 300 120 75 60 30 20 12 8 7 6 3.75 4.00 2.50 1.50 1.75 Sve 2.00 1.15 2.05 1.80 2.00 3.00 1,200 300 H 105 % of Dollar Volume 35.59 8.90 3.11 0.68 0.73 18 3,372 For the following three questions, consider only items 1289, 2349, and 8210 from the above table for relative classification (these are some of the items for which you computed the metrics) Based on the percentages of dollar volume, item number 1289 should be classified as 0.42 0.53
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter6: Ratio, Proportion, And Probability
Section6.2: Writing And Solving Problems
Problem 9C
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Transcribed Image Text:L Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC
classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.)
Item number 2349 should be classified as
Item
Code
Item number 8210 should be classified as
1289
2347
2349
2363
2394
2395
6782
7844
8210
8310
9111
L. Houts Plastics Charlotte Inventory Levels
Value
Dollar
($/unit) Volume
Avg. Inventory (units)
400
300
120
75
60
30
20
12
8
7
76
6
3.75
4.00
2.50
1.50
1.75
2.00
1.15
2.05
1.80
2.00
3.00
1,200
300
105
23
25
14
18
3,372
% of Dollar Volume
35.59
8.90
3.11
0.68
0.73
For the following three questions, consider only items 1289, 2349, and 8210 from the above table for relative classification (these are some of the items for which you computed the metrics)
Based on the percentages of dollar volume, item number 1289 should be classified as
0.42
0.53
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