Assignment 2 SCMA.docx

Assignment 2 SCMA.docx - SMT Logistics Assignment#2...

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SMT - Logistics Assignment #2: Inventory Management 1. Item No. Unit Cost ($) Annual Usage Annual Dollar Usage % of Total Annual $ Usage Inventory Class 1 $80.25 200 $16,050.00 7.91% B 2 $4.80 10,725 $51,480.00 25.39% A 3 $33.17 220 $7,297.40 3.60% B 4 $3.97 25,210 $100,083.70 49.36% A 5 $1.86 2,480 $4,612.80 2.27% B 6 $14.22 1,231 $17,504.82 8.63% B 7 $1.19 1,450 $1,725.50 0.85% C 8 $0.73 3,300 $2,409.00 1.19% C 9 $4.97 140 $695.80 0.34% C 10 $0.93 990 $920.70 0.45% C Totals: $202,779.72 100.00% XXXXXXX % of total Annual $ usage by class Class A items 74.74% Class B items 22.42% Class C items 2.84% Calculations Annual Dollar Usage = (Unit Cost)* (Annual Usage) % of Total Annual $ Usage = (Annual Dollar Usage)/ (Total Annual Dollar Usage) Inventory Class: Class A: 20% of items (2 out of 10) make up 74.74% Class B: 40% of items (4 out of 10) make up 22.42% Class C: 40% of items (4 out of 10) make up 2.84%
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