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

Application of operations research, application of operations research in m...

application of operations research in managerial decision making

What are few strategies that you might in order to achieve, Suppose you are...

Suppose you are the CEO of a growing fast food company, specializing in hamburgers. You are interested in expanding your business into new domains. What are some strategies that yo

Technology which encourages user contributions, Technology which encourages...

Technology which encourages user contributions and interactivity is known as Web 2.0.

Explain foreign domestic investment confidence index, How is foreign domest...

How is foreign domestic investment confidence index useful to businesses?

Explain data storage systems in hotels, Which of the following are defined ...

Which of the following are defined as core goods? Chemicals Airlines Data storage systems Hotels None of the above

Explain the objectives of work study for any management, Explain the object...

Explain the objectives of work study for any management. The objectives of work study for any management are:- a) Enhanced working processes and standard procedures. b) L

Qualitative and quantitative justification, 1.  Maggie Company produces a l...

1.  Maggie Company produces a light fixture with the following unit costs:   Direct Materials: $2 Direct Labour: $2 Variable Cost: $3 Fixed Cost: $2 UNIT TOTAL COST: $9   The

Explain the risk evaluation process, Discuss and describe the risk evaluati...

Discuss and describe the risk evaluation process in a simplified approach.

Explain what is the labor productivity, The weekly output of a fabrication ...

The weekly output of a fabrication process is shown below together with data for labor and material inputs. Standard selling price is $100 per unit. Overhead is charged weekly at t

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