1) Your third-party warehouse is bidding for a contract to store widgets as they are manufactured. However, widgets are perishable and should be turned an average of six times per year. The manufacturer produces at an average rate of 70 pallets per day. How many pallet positions should you devote to widgets to ensure that widgets turn as required? Assume 240 working days a year. Assume 50% space utilization. Please fill in a number with one decimal place. Just a number, no explanation, no unit, and no symbol.
2) it is known it takes on average 160 days to sell a house. A realtor monitoring a local market last year estimated that about 94 houses are on market at any point in time. Then how many transactions are closed last year? Fill in a number that is accurate at least to the second decimal place. Assume 365 days in a year. No letters, no explanations, no special characters.