What would the cut-off levels be? Be sure to provide explanations of the reasoning supporting your decisions

  1. If you were employed by the consulting firm, how would you construct your method of analysis? (Hint: make a table and do the ABC classification using the data presented in the table above. See pp. 347 in the textbook (page 347, 9.21 example table given below) for the explanation and an example. This question will not get any mark without an ABC classification table.)
  2. What criteria would you use?
  3. What would the cut-off levels be? Be sure to provide explanations of the reasoning supporting your decisions