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The Welsh Corporation uses 13 key components in one of its manufacturing plants. The is given below. Perform an ABC analysis. Explain your decisions and logic. (You may use the Excel template provided). [10 points] SKU Item Cost Annual Demand WC007 $0.90 225 WC008 $1.20 22,500 WC219 $0.15 13,000 WC397 $4.65 12,300 WC419 $0.45 6,500 WC654 $2.10 350 WC713 $9.45 1,500 WC887 $0.41 6,200 WC916 $3.25 400 WC971 $7.50 2,950 WC532 $1.32 4,650 WC413 $0.86 16,500 WC759 $8.53 900.
After reading Porter's "The Five Competitive Forces that Shape Strategy," discuss briefly, in your own words,
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