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7. Given the following inventory information, construct an (a) ABC analysis by annual dollar usage,...

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7. Given the following inventory information, construct an (a) ABC analysis by annual dollar usage, (b) ABC analysis by current inventory value, and (c) an ABC inventory matrix. Is the firm stocking the correct inventories? 20 points pp. 237-242 TEM NUMBER ICOST) ANNUAL USAGE (UNITS) CURRENTINVENTORY (UNITS 525 1252 2425 6334 1,000 375 5.50 0.000 9856 1.50 3200 3214 6339 3.500 Item UtAnnual UsageS Number Cost Usage Total Total J12

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