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Consider a warehouse with 5 SKU’s. The unit selling prices for these 5 items are

ID: 456317 • Letter: C

Question

Consider a warehouse with 5 SKU’s. The unit selling prices for these 5 items are $10, $5, $120, $500, and $ 24 respectively. The annual sales volume for these 5 items are 12,000 units, 1,000 units, 2,000 units, 20 units, and 300 units. According to our discussion on inventory profiling, what percentage of the annual sales is the result from the top 20% of the SKU’s? Ignore the percentage sign and round your answer to the nearest integer. For example, if your answer is 34.56%, input 35; if your answer is 12.23%, input 12

Explanation / Answer

SKU

Unit selling price

Annual Sales in units

Profit (unit price *sales in Unit)

% of total sales

1

$10

12000

$120000

31%

2

$5

1000

$5000

1%

3

$120

2000

$240000

63%

4

$500

20

$10000

3%

5

$24

300

$7200

2%

Total

$382200

100%

percentage of the annual sales is the result from the top 20% of the SKU’s = sale from SKU 3

=( $ 120 * 2000)/ 382200 = $ 240000 /382200 = 63%

SKU

Unit selling price

Annual Sales in units

Profit (unit price *sales in Unit)

% of total sales

1

$10

12000

$120000

31%

2

$5

1000

$5000

1%

3

$120

2000

$240000

63%

4

$500

20

$10000

3%

5

$24

300

$7200

2%

Total

$382200

100%