A company does an ABC analysis of its inventory and calculates that out of 10,000 items, 19% can be classified as A items, 30% as B items, and the remainder as C items

Finance Nov 24, 2020

A company does an ABC analysis of its inventory and calculates that out of 10,000 items, 19% can be classified as A items, 30% as B items, and the remainder as C items. A decision is made that A items are to be cycle counted twice a month, B items every 3 months, and C items once a year. Calculate the total counts and the counts per day by classification. There are 250 working days per year.