Analysis by current inventory value and inventory matrix

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Reference no: EM13960778

Given the following inventory information, construct an (a) ABC analysis by annual dollar usage, (b) ABC analysis by current inventory value, (c) ABC inventory matrix. is the firm stocking the correct inventories.

Item Number Unit cost ($) Annual usage (units) Current Inventory (Units)

B8867 6.00 100 8,000

J1252 5.25 6,500 120

K9667 0.25 4,000 1,000

L2425 1.00 1,500 375

M4554 5.50 2,000 500

T6334 70.00 500 800

W9856 0.75 800 20,000

X2215 1.50 8,000 2,000

Y3214 32.00 1,000 500

Y6339 4.00 3,500 125

Reference no: EM13960778

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