Creating abc classification system

Assignment Help Operation Management

Reference no: EM13103994

Boreki Enterprise has the following 10 items in inventory. CEO Theodore Boreki asks you to divide these items into an ABC classification:
Item Annual Demand Cost/Unit
A2 3,000 $50
B8 4,000 $12
C7 1,500 $45
D1 6,000 $10
E9 1,000 $20
F3 500 $500
G2 300 $1,500
H2 600 $20
I5 1,750 $10
J8 2,500 $5
A) Develop an ABC classification system for the 10 items.
B) How can Boreki use this information?
C) Boreki reviews the classification and then places item A2 into the A category. Why might he do so?

Reference no: EM13103994

Questions Cloud

Improving change planning : As a manager you will be asked to lead change efforts in your organization. Change management intensifies the need to understand a range of factors, especially diversity of people which takes into account But a global economy a range of interests.

Find the washer is at rest with respect to the crate : A steel washer is suspended inside an empty shipping crate from a light string attached to the top of the crate. The crate slides down a long ramp that is inclined at an angle of 39 degrees above the horizontal. The crate has mass 244 kg .

Find the charge of each cylinder : Four solid plastic cylinders all have radius 2.75 cm and length 6.42 cm. Find the charge of each cylinder given the following additional information about each one.

Refine learning and metacognitive problem-solving strategies : Explain how you, as a professional, may be able to help children in refining their learning and metacognitive problem-solving strategies.

Creating abc classification system : Boreki Enterprise has the following 10 items in inventory. CEO Theodore Boreki asks you to divide these items into an ABC classification

Recognize independent and dependent variable : Using an investment game, the study demonstrated that people who inhaled oxytocin were more likely to give their money to a trustee compared to people who inhaled an inactive placebo. For this experimental study, identify the independent variable ..

Select true or false for the following statements : Select True or False for the following statements about conductors in electrostatic equilibrium. The electric field inside the conducting material is always zero.

Determine the reorder point : It is your responsibility, as the new head of the automotive section of Nichols Department Store, to ensure that reorder quantities for the various items have been correctly established.

Find the force that the wire exerts on the instrument : Draw a free-body diagram for the instrument during this time.(Assume that the space ship is accelerating upward. ) Find the force that the wire exerts on the instrument.

User Account

All Pages