Homework II1. Your company has compiled the following data on the small set of products that comprise the specialtyrepair parts division. Perform ABC analysis on the data. Which products do you suggest the firm keep thetightest control over? Explain.SKUAnnual DemandUnit CostR11250$250S2275$90T3320$60U44150$150V55100$752.A product whose EOQ is 400 experiences a 50% increase in demand. The new EOQ is?3. A product has the following gross requirements. Which is cheaper—lot-for-lot or EOQ lot sizing?Week123456Requirements508090503060Other data for this scenario include: setup cost = $250, inventory holding cost $2 per unit per week.There is no beginning inventory; there are no scheduled receipts. The usage pattern is expected tocontinue for the remainder of the year.4.A HSMC student said that without the internet, supply chain management would not have been soeffective.Agree or disagree?Explain.5.Characterize the strategy: A fried chicken fast-food chain that acquired feed mills and poultry farms.6.Each X requires 2 of component Y and 1 of part W. Each Y requires 10 of Z. Each W requires 3 of Q and
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