Judy Stamm opened a new beauty-products retail store. There are numerous items i
ID: 362028 • Letter: J
Question
Judy Stamm opened a new beauty-products retail store. There are numerous items in inventory, and Judy knows that there are costs associated with However, because her time is limited, she cannot carefully evaluate the inventory policy for all products Judy wants to classify the itorms according to dollars invested in them. The following table provides information about the 10 items that she carries inventory Based on the percentages of dollar volume, complete the table below by using ABC analysis to classify these items into categories A, B, and C Item Number Unit Cost Demand (units)Dollar Volume Classification $4.00 E102 D23 $8.00 D27 $3.00 1.200 $9.600 700 $2,100 R02 $2.00 1.00052.000 R19 $8.00 S107$6.00 S123$1.00 U11 $1,600 $3,000 $1,200 500 1.200 800 1,500 1,500 S7.00 e t U23 $1.00 V75 $4.00 Enter your answer in each of the answer boxes > All AchievementsExplanation / Answer
Item Number Unit Cost Demand (Units) Dollar Volume Classification E102 $4 800 $3200 C D23 $8 1200 9600 A D27 $3 700 $2100 C R02 $2 1000 $2000 C R19 $8 200 $1600 C S107 $6 500 $3000 C S123 $1 1200 $1200 C U11 $7 800 $5600 B U23 $1 1500 $1500 C V75 $4 1500 $6000 A
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