a. Perform ABC analysis and classify each inventory. b. Assuming there are no warehouse space constraints, how will you arrange (layout) the different items? Explain your design in one paragraph. RJ assembled the following information for his Stationery business.ItemAnnual numberCost per unit...of units soldDiaries50,000£3.50NotepadsCorrecting fluidStaplersBoxes of£2.0040,00016,00010,00021,000£1.50£1.50£0.50paperclipsPens120,00010,000£0.05Boxes of staples£0.50Rulers£0.2515,00080,00015,000377,000Pencils£0.03Erasers£0.10Totals

Given data: Item Annual number of units sold Cost per unit Diaries 50000 ∈3.50 Notepads 40000…

Answered: of units sc

Business

Operations Management

of units sc

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

a. Perform ABC analysis and classify each inventory.

b. Assuming there are no warehouse space constraints, how will you arrange (layout) the different items? Explain your design in one paragraph.

RJ assembled the following information for his Stationery business.
Item
Annual number
Cost per unit
...
of units sold
Diaries
50,000
£3.50
Notepads
Correcting fluid
Staplers
Boxes of
£2.00
40,000
16,000
10,000
21,000
£1.50
£1.50
£0.50
paperclips
Pens
120,000
10,000
£0.05
Boxes of staples
£0.50
Rulers
£0.25
15,000
80,000
15,000
377,000
Pencils
£0.03
Erasers
£0.10
Totals

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