Gives a random sample of the unit values also annual demands

Assignment Help Operation Management

Reference no: EM1373483

Q. Southern Markets, Inc., is considering the use of ABC analysis to focus on the most critical SKUs in its inventory. Presently, there are approximately 20,000 different SKUs with a total dollar usage of $10,000,000 per year.

The subsequent table gives a random sample of the unit values also annual demands of eight SKUs. Categorize these SKUs as A, B also C items.

SKU Code Unit Value Demand (units)
A104 $2.10 2,500
D205 $2.50 30
X104 $0.85 350
U404 $0.25 250
L205 $4.75 20
S104 $0.02 4,000
X205 $0.35 1,020
L104 $4.25 50

Reference no: EM1373483

Questions Cloud

Identifies which alternative goleb transport must take : Identifies which alternative Goleb transport must take. The market for the repair could be either favourable (event1) or unfavourable (event2). George has constructed a payoff matrix showing the expected returns of every alternative also the probab..

Kcm associates uses which of the subsequent techniques : To which the Corporation gets the best talent available, the compensation management department uses the information obtained from the market pay survey to compare its compensation policies with those used by the competitors. In this example, KCM ..

Economic profile of the airline industry : Provide an economic profile of the Airline industry. Include an industry profile, Industry size data and current developments and trends within the industry.

Computes mad for both amit also barbara method : Suppose which May's figure turns out to be 405. Append the table with error columns then, computes MAD for both Amit's also Barbara's method. (16.11 also 19.17) d) Based on these calculations which method seems more accurate.

Gives a random sample of the unit values also annual demands : Southern Markets, Inc., is considering the use of ABC analysis to focus on the most critical SKUs in its inventory. Presently, there are approximately 20,000 different SKUs with a total dollar usage of $10,000,000 per year.

Computing the value of the price index for gdp : Use the following information to answer following questions, Compute the value of the price index for GDP for 2005 using 2004 as the base year. By what percent did prices increase?

Elucidate what is the safety stock also annual safety stock : Elucidate what reorder point would you recommend. Elucidate what is the safety stock also annual safety stock costs for this product.

What strategic groups are present on wedding list market : What direction for strategic development was followed by 1001 listes when it launched its offer of gifts for births, anniversaries, and special occasions?

User Account

All Pages