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Storage space of a warehouse must be allocated to two products. Product 1 has 100 orders a day. Average inventory is 10,000 units, and each unit takes 2 cu ft of storage space. Product 2 has 50 orders a day. Average inventory is 4,000 units, and each unit takes 4 cu ft of storage space. Calculate COI of both products. Which product should be stored closer to shipping dock?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93115648

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