The following table contains figures on the monthly volume and unit costs for a random sample of 16 items from a list of 2,000 inventory items at a health care facility.
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Get it written →The following table contains figures on the monthly volume and unit costs for a random sample of 16 items from a list of 2,000 inventory items at a health care facility.
• Develop an A-B-C classification for these items.
Item
Unit Cost
Usage
Item
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Unit Cost
Usage
K34
$10
200
F99
$20
60
K35
25
600
D45
page27image46329088 page27image46460544
10
550
K36
36
150
D48
12
90
M10
16
25
D52
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15
110
page27image52991792page27image46487936page27image52993024page27image46488896
M20
20
80
D57
40
120
Z45
80
200
N08
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30
40
F14
20
300
P05
16
500
F95
30
800
P09
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10
30
page27image53002096
• Given the monthly usages in the following table, classify the items in A, B, and C categories according to dollar usage.
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