Explain charlotte inventory levels, Operation Management

Assignment Help:

L. Houts Plastics is a large manufacturer of injection moulded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC classification system?

L. Houts Plastics Charlotte Inventory Levels

Item Code # Average Inventory (units) Value ($/unit)

1289 400 3.75

2347 300 4.00

2349 120 2.50

2363 75 1.50

2394 60 1.75

2395 30 2.00

6782 20 1.15

7844 12 2.05

8210 8 1.80

8310 7 2.00

9111 6 3.00


Related Discussions:- Explain charlotte inventory levels

Explain planning is the fundamental management function, 1. Planning is the...

1. Planning is the fundamental management function. Discuss how organizing and planning are related. 2. Using two examples, describe the different approaches used by companies/m

Capacity planning, why is capacity planning important in production and op...

why is capacity planning important in production and operations management?

Expalin the fundamental ethical principle, How does utilitarianism contradi...

How does utilitarianism contradict the fundamental ethical principle: the end does not justify the means?

Poms-Exercise 01 Decision Tree for Capacity Planning, Ask Poms-Exercise 01 ...

Ask Poms-Exercise 01 Decision Tree for Capacity Planning Expando, Inc. is considering the possibility of building an additional factory that wouldproduce a new addition to its prod

Routing, Routing Meaning and Definition Routing is the first bu...

Routing Meaning and Definition Routing is the first but the important and difficult task of the production control. Routing means determination of path or route on whic

Explain developing a risk matrix, How would you go about developing a risk ...

How would you go about developing a risk matrix? Give an example of the kinds of factors that should be evaluated.

Political campaign, The Lady with the Plan needs to make campaign T-shirt t...

The Lady with the Plan needs to make campaign T-shirt to fund raise.  She is trying to decide how many to make for the coming political campaign.  During the campaign itself, which

Explain how technology has created a more efficient process, Type your ques...

Type your question hereHRIS systems have allowed HR to automate a variety of functions, including performance management, training, employee development, staffing, compensation, an

Straighten(seiton)&sustion(shitsuke), explain and give for examples hotels ...

explain and give for examples hotels services...how them service ?

Describe identified the problem and a technology solution, At this point of...

At this point of the project, you have identified the problem and a technology solution for the business. Now, you want the business to accept the idea. Using your text, the pre

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd