Develop an abc classification system for the ten items, Operation Management

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Develop an abc classification system for the ten items

Boreki Enterprise has the following 10 items in inventory. CEO Theodore Boreki asks you to divide these items into an ABC classification:
Item Annual Demand Cost/Unit
A2 3,000 $50
B8 4,000 $12
C7 1,500 $45
D1 6,000 $10
E9 1,000 $20
F3 500 $500
G2 300 $1,500
H2 600 $20
I5 1,750 $10
J8 2,,500 $5

A) Develop an ABC classification system for the 10 items.
B) How can Boreki use this information?
C) Boreki reviews the classification and then places item A2 into the A category. Why might he do so?

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Operation Management: Develop an abc classification system for the ten items

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