Dollar value of annual demand

Assignment Help Operation Management

Reference no: EM132176062

The Aztec Company stocks a variety of parts used in production. In an effort to control inventory they would like to classify their inventory according to the ABC approach. Following is a list of selected parts, annual usage and unit value.

Item# Annual Usage Unit Cost

A 36 350

B 510 30

C 50 23

D 300 45

E 18 1900

F 500 8

G 710 4

H 80 26

I 344 28

J 67 440

Classify the inventory items according to the ABC approach using dollar value of annual demand. Please show calculations for dollar values.

Reference no: EM132176062

Questions Cloud

What are three effective leadership qualities : What are three effective leadership qualities you think are important?

Successfully develop to the performance stage : Prepare a plan for assisting a work team to successfully develop to the performance stage.

What is the significance of folk dance to its participants : What are the fundamental characteristics of folk dance? What is the significance of folk dance to its participants?

Healthcare managers are involved in annual budget : Healthcare managers are involved in the annual budget and are required to have a good understanding of the financial statements

Dollar value of annual demand : Classify the inventory items according to the ABC approach using dollar value of annual demand.

Forms of media connected through popular culture : How are all of these forms of media connected through popular culture?

Your current position or previous job experiences : What are some important engineering management issues in your current position or previous job experiences? Please give at least two specific issues.

Chocolate lounges allows marketers to take advantage : Keeping the familiar Mars brand name attached to the new Ethel’s Chocolate Lounges allows marketers to take advantage of:

Failures as corporate executive and entrepreneur : Find an article about Steve Jobs that outlines his successes and failures as a corporate executive and entrepreneur.

User Account

All Pages