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    ABC Classification of Household Commodities

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    Rummanun Islam
    This document presents an ABC classification of household commodities for a typical month. 50 items are listed along with their quantity purchased, unit price, total price, relative price percentage, and cumulative relative price. The items are categorized into classes A, B, and C based on their cumulative relative price. Class A includes 9 items that make up 61.19% of total spending and 18% of items. Class B includes 20 items that make up 90.36% of spending and 58% of items. The remaining 21 Class C items make up the remaining spending and items. A figure further illustrates the Pareto distribution with the cumulative percentage of total spending compared to percentage of items.

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    ABC Classification of Household Commodities

    Uploaded by

    Rummanun Islam
    34 views4 pages
    This document presents an ABC classification of household commodities for a typical month. 50 items are listed along with their quantity purchased, unit price, total price, relative price percentage, and cumulative relative price. The items are categorized into classes A, B, and C based on their cumulative relative price. Class A includes 9 items that make up 61.19% of total spending and 18% of items. Class B includes 20 items that make up 90.36% of spending and 58% of items. The remaining 21 Class C items make up the remaining spending and items. A figure further illustrates the Pareto distribution with the cumulative percentage of total spending compared to percentage of items.

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    This document presents an ABC classification of household commodities for a typical month. 50 items are listed along with their quantity purchased, unit price, total price, relative price percentage, and cumulative relative price. The items are categorized into classes A, B, and C based on their cumulative relative price. Class A includes 9 items that make up 61.19% of total spending and 18% of items. Class B includes 20 items that make up 90.36% of spending and 58% of items. The remaining 21 Class C items make up the remaining spending and items. A figure further illustrates the Pareto distribution with the cumulative percentage of total spending compared to percentage of items.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    34 views4 pages

    ABC Classification of Household Commodities

    Uploaded by

    Rummanun Islam
    This document presents an ABC classification of household commodities for a typical month. 50 items are listed along with their quantity purchased, unit price, total price, relative price percentage, and cumulative relative price. The items are categorized into classes A, B, and C based on their cumulative relative price. Class A includes 9 items that make up 61.19% of total spending and 18% of items. Class B includes 20 items that make up 90.36% of spending and 58% of items. The remaining 21 Class C items make up the remaining spending and items. A figure further illustrates the Pareto distribution with the cumulative percentage of total spending compared to percentage of items.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    ABC Classification of Household

    Commodities

    Prepared for
    Dr. Muhammad Ziaulhaq Mamun
    Professor
    Institute of Business Administration
    University of Dhaka

    Prepared by
    Rummanun Islam
    Roll: 44
    MBA 54D

    Institute of Business Administration,


    University of Dhaka
    Date: 03rd November, 2016

    Table 1 ABC Classification: List of items for household purchased in a typical


    month
    Item
    No.
    1
    7
    2
    6
    8
    42
    11
    12
    9
    4
    13
    10
    14
    19
    16
    17
    26
    24
    18
    15
    27
    21

    Item Name

    Quantity
    Required (kg)
    12

    Unit
    Worth
    (Tk)
    255

    Total
    Worth
    (Tk)
    3060

    Chicken, Broiler
    (1kg)
    Rice (Miniket,
    regular) (1kg)
    Beef (1kg)
    Milk (regular), (1
    liter)
    Vegetables (1kg)
    Turmeric
    Powder (200gm)
    Apples (1kg)
    Oranges (1kg)
    Oil (Soybean)
    (1Liter)
    Eggs (12)
    Shampoo (180
    ml)
    Banana (12
    pieces)
    Chocolate Syrup
    (680gm)
    Noodles (4
    pieces)
    Hand wash (500
    ml)
    Honey (Bottled250gm)
    Coffee
    Lentil (Musur
    Daal) (1kg)
    Insect Spray (475
    ml)
    Washing Powder
    ( 500 gm)
    Sugar (1kg)
    Flour (1kg)

    Relative
    Worth (%)

    50

    55

    2750

    13.94

    29.44

    5
    15

    420
    62

    2100
    930

    10.64
    4.71

    40.08
    44.80

    35
    1

    20
    700

    700
    700

    3.55
    3.55

    48.34
    51.89

    4
    3
    6

    165
    200
    96

    660
    600
    576

    3.34
    3.04
    2.92

    55.24
    58.28
    61.20

    5
    3

    108
    175

    540
    525

    2.74
    2.66

    63.93
    66.59

    85

    510

    2.58

    69.18

    332

    332

    1.68

    70.86

    66

    330

    1.67

    72.53

    150

    300

    1.52

    74.05

    150

    300

    1.52

    75.57

    1
    4

    290
    72

    290
    288

    1.47
    1.46

    77.04
    78.50

    270

    270

    1.37

    79.87

    80

    240

    1.22

    81.09

    5
    7

    48
    32

    240
    224

    1.22
    1.14

    82.30
    83.44

    15.51

    Relaive
    Cumulative
    Worth (%)
    15.51

    Class

    23
    25
    28
    22
    30
    32
    29
    31
    33
    34
    35
    36
    20
    3
    37
    38
    40
    39
    41
    43
    44
    45
    46
    47
    5
    48
    49
    50

    Toothpaste (200
    gm)
    Ghee (400gm)
    Garlic (250gm)
    Onion (500gm)
    Potato (1kg)
    Loaf White
    Bread (1 lb)
    Green Chili
    (100gm)
    Lemon (4 pieces)
    Soap (150 gm)
    Biscuit (80gm)
    Toilet Cleaner
    (1000 ml)
    Ginger (250gm)
    Soft Drinks (1.25
    Liter)
    Candles
    Tea Bag (50
    Piece)
    Coconut Oil (200
    ml)
    Ketchup (340gm)
    Chili Powder
    (200gm)
    Cumin Powder
    (100gm)
    Tomato (500gm)
    Salt (1kg)
    Dish Detergent
    (Bar, 325 gm)
    Mustard Oil
    (500gm)
    Vinegar (650ml)
    Matches
    Raisin (100gm)
    Coriander
    Powder (100gm)
    Corn Flour (250
    gm)

    110

    220

    1.11

    84.55

    0.5
    4
    8
    8
    4

    430
    50
    24
    24
    45

    215
    200
    192
    192
    180

    1.09
    1.01
    0.97
    0.97
    0.91

    85.64
    86.65
    87.63
    88.60
    89.51

    28

    168

    0.85

    90.36

    8
    4
    10
    1

    20
    40
    15
    150

    160
    160
    150
    150

    0.81
    0.81
    0.76
    0.76

    91.17
    91.99
    92.75
    93.51

    6
    2

    22
    65

    132
    130

    0.67
    0.66

    94.17
    94.83

    24
    1.5

    5
    67

    120
    100.5

    0.61
    0.51

    95.44
    95.95

    100

    100

    0.51

    96.46

    1
    1

    90
    86

    90
    86

    0.46
    0.44

    96.91
    97.35

    80

    80

    0.41

    97.76

    4
    2
    2

    19
    30
    30

    76
    60
    60

    0.39
    0.30
    0.30

    98.14
    98.44
    98.75

    0.5

    115

    57.5

    0.29

    99.04

    1
    24
    0.5
    1

    50
    2
    77
    34

    50
    48
    38.5
    34

    0.25
    0.24
    0.20
    0.17

    99.29
    99.54
    99.73
    99.90

    0.2

    95

    19

    0.10

    100.00

    No. of items
    9
    20
    21

    A
    B
    C

    Cumulative % of items
    18%
    58%
    100%

    Cumulative % of worth
    61.19%
    90.36%
    100%

    Figure: ABC classification of inventories of daily


    household commodities for a 5 members family
    100
    90

    percentage of total worth

    80
    70
    60
    50
    40
    30
    20
    10
    0
    0

    0.1

    0.2

    0.3

    0.4

    0.5

    0.6

    percentage of the items

    0.7

    0.8

    0.9

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