Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Dollar Item Annual Demand Cost/Unit Volume % of Total Dollar Volume A2 250 20 B8 4000 12 48,000 5.56 C7 1500 45 67,500 7.81 D1 150 2000 E9 1000 20 20,000 2.31 F3 60 150 G2 200 1500 300,000 34.72 H2 600 20 12,000 1.39 15 300 300 J8 2500 12,500 1.45

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter16: Lean Supply Chain Management
Section: Chapter Questions
Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...
icon
Related questions
Question

Question 3, Problem 12

Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer
the following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.)
Dollar
% of Total Dollar
Item
Annual Demand Cost/Unit
Volume
Volume
A2
250
20
B8
4000
12
48,000
67,500
5.56
C7
1500
45
7.81
D1
150
2000
E9
1000
20
20,000
2.31
F3
60
150
34.72
1.39
G2
200
1500
300,000
12,000
H2
600
20
15
300
300
J8
2500
12,500
1.45
Item
Annual Demand
Cost/Unit
A2
250
20
B8
4000
12
C7
1500
45
D1
150
2000
E9
1000
20
F3
60
150
G2
200
1500
H2
600
20
15
300
300
J8
2500
5
Transcribed Image Text:Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Dollar % of Total Dollar Item Annual Demand Cost/Unit Volume Volume A2 250 20 B8 4000 12 48,000 67,500 5.56 C7 1500 45 7.81 D1 150 2000 E9 1000 20 20,000 2.31 F3 60 150 34.72 1.39 G2 200 1500 300,000 12,000 H2 600 20 15 300 300 J8 2500 12,500 1.45 Item Annual Demand Cost/Unit A2 250 20 B8 4000 12 C7 1500 45 D1 150 2000 E9 1000 20 F3 60 150 G2 200 1500 H2 600 20 15 300 300 J8 2500 5
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 3 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning