Your Company Has Compiled the Following Data on the Small

Essay

Your company has compiled the following data on the small set of products that comprise the specialty repair parts division. Perform ABC analysis on the data. Which products do you suggest the firm keep the tightest control over?
Explain.
$$\begin{array} { | c | c | c | } \hline \text { SKU } & \text { Annual Demand } & \text { Unit Cost } \\\hline \text { R11 } & 250 & \$ 250 \\\hline \text { S22 } & 75 & \$ 90 \\\hline \text { T33 } & 20 & \$ 60 \\\hline \text { U44 } & 150 & \$ 150 \\\hline \text { V55 } & 100 & \$ 75 \\\hline\end{array}$$