L. Houts Plastics is a large manufacturer of injection-molded plastics in North
ID: 336835 • Letter: L
Question
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.) L. Houts Plastics Charlotte Inventory Levels Dollar Volume Value Item Code Avg. Inventory (units) slun % of Dollar Volume S/unit) 4.25 4.00 2.50 1.80 1.75 2.25 1.15 2.05 2.00 2.00 3.00 1289 2347 2349 2363 300 120 75 60 35 20 1,200 300 34.90 8.73 105 3.05 23 25 0.67 0.72 6782 8210 8310 9111 14 0.41 0.52 3,438 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 asV Item number 2349 should be classified asV Enter your answer in each of the answer boxes.Explanation / Answer
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.) L. Houts Plastics Charlotte Inventory Levels Dollar Volume Value Item Code Avg. Inventory (units) slun % of Dollar Volume S/unit) 4.25 4.00 2.50 1.80 1.75 2.25 1.15 2.05 2.00 2.00 3.00 1289 2347 2349 2363 300 120 75 60 35 20 1,200 300 34.90 8.73 105 3.05 23 25 0.67 0.72 6782 8210 8310 9111 14 0.41 0.52 3,438 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 asV Item number 2349 should be classified asV Enter your answer in each of the answer boxes.
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