In many industrialized countries the average inventory


1. In many industrialized countries, the average inventory turnover index is around 20 for dairy products and around five for household electrical appliances. Discuss these figures.

2. Consider a warehouse equipped with a stacker crane. The longitudinal and latitudinal speeds are 25 cm/sec and 40 cm/sec, while the corresponding aisle length and height are 20 m and 12 m. Supposing that the home position is the left most position at 1 m from floor, compute the maximum waiting time for the completion of a retrieval operation.

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Finance Basics: In many industrialized countries the average inventory
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