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Estimate the inventory turns per year

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Question 1: A pallet storage facility holds about 10,000 pallets in storage. Arrivals and departures are handled by 7 forklift operators and the average forklift travel time from receiving to a storage location and then to shipping is about 6 minutes. Estimate the inventory turns per year. Assume that each driver works 8 hours per day for 250 days of the year.

Question 2: Suppose a dairy distributor, experiencing approximately constant demand for each sku, ships an average of 200 pallets per day. If there are approximately 1,000 occupied pallet positions, what is the average wait time spent in warehouse?

Reference no: EM132977434

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