Find average time a box of bandage is stored in warehouse


Wood County Hospital consumes 400 boxes of bandages per week. The price of bandages is $80 per box, and the hospital operates 52 weeks per year, 7 days a week. The cost of processing an order is $64 and the cost of capital is 20% (cost of carrying $1 worth of inventory for one year is $0.20).

1) Best Q=?

2) Average time a box of bandage is stored in the warehouse?

Request for Solution File

Ask an Expert for Answer!!
Operation Management: Find average time a box of bandage is stored in warehouse
Reference No:- TGS080603

Expected delivery within 24 Hours