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Oakwood Hospital is considering using ABC analysis to classify laboratory SKUs into three categories: those that will be delivered daily from their supplier (Class A items), those that will be controlled using a continuous review system (B items), and those that will be held in a two bin system (C items). The following table shows the annual dollar usage for a sample of eight SKUs. Rank the SKUs, and assign them to their appropriate category. SKU Dollar Value Annual Usage 12345678 $0.01$0.03$0.45$1.00$4.50$0.90$0.30$1.50 1,200 120,000 100 44,000 900350 70,000 200

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M979991

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