Louisa, the Owner of a Garden Supply Store Was Wondering

question 12

Essay

Louisa, the owner of a garden supply store was wondering if she could manage the inventory better. She has decided to develop an ABC classification system to help manage the inventory. The company's inventory consists of the following items:
$\begin{array}{|c|c|c|}\hline\text { Garden Tool } & \text { Cost } & \text { Quarterly Demand (units) } \\\hline \text { Shovel } & \$ 5.00 & 1,000 \\\hline \text { Edger } & \$ 25.00 & 6 \\\hline \text { Weeder } & \$ 6.00 & 400 \\\hline \text { Hose } & \$ 20.00 & 800 \\\hline \text { Cutters } & \$ 4.00 & 100 \\\hline \text { Sprinkler } & \$ 7.00 & 800 \\\hline \text { Hedge Trimmer } & \$ 5.00 & 5,000 \\\hline \text { Spreader } & \$ 15.00 & 6 \\\hline \text { Sprayer } & \$ 12.00 & 20 \\\hline \text { Clippers } & \$ 8.00 & 15 \\\hline\end{array}$
a.Compute the total dollar value of each of the ten inventory items. What is the total value of all the inventory items?
b.Which items should be declared "A" items? What percentage of total inventory value does "A" group represent? What percentage of the total number of inventory items does "A" group represent?
c.Which items should be declared "B" items? What percentage of total inventory value does "B" group represent? What percentage of the total number of inventory items does "B" group represent?
d.Which items should be declared "C" items? What percentage of total inventory value does "C" group represent? What percentage of the total number of inventory items does "C" group represent?

Calculate the correct dose of medication based on available concentration.

Understand and apply the dose amount equation (DA equation) for medication preparation.

Evaluate prepared medication doses for accuracy and safety.

Identify the trade and generic names of commonly prescribed medications.

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Definitions:

Stopwatch

A handheld timepiece designed to measure the precise amount of time elapsed from its activation to deactivation.

Shop Floor

The area in a factory where workers are engaged in the physical production of goods or manufacturing.

Gilded Age

A term used to describe the late 19th century in the United States, a period marked by rapid economic growth, industrialization, and a stark contrast between wealth and poverty.