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Tip Top Tailoring Company Has Compiled the Following Data on the Small

Question 93

Essay

Tip Top Tailoring Company has compiled the following data on the small set of products that comprise its specialty clothing division. Perform an ABC analysis on the data. Which products do you suggest the firm keep the tightest control over? Explain.
 SKU  Annual Demand  Unit Cost  A11 1,200$350 B22 100$80 C33 4,500$50 D44 400$160 E55 35$75 F66 250$70 G77 1,000$125 H88 500$25 I99 200$60\begin{array} { | c | c | c | } \hline \text { SKU } & \text { Annual Demand } & \text { Unit Cost } \\\hline \text { A11 } & 1,200 & \$ 350 \\\hline \text { B22 } & 100 & \$ 80 \\\hline \text { C33 } & 4,500 & \$ 50 \\\hline \text { D44 } & 400 & \$ 160 \\\hline \text { E55 } & 35 & \$ 75 \\\hline \text { F66 } & 250 & \$ 70 \\\hline \text { G77 } & 1,000 & \$ 125 \\\hline \text { H88 } & 500 & \$ 25 \\\hline \text { I99 } & 200 & \$ 60 \\\hline\end{array}

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