Question: 5 points Save Answer QUESTION 14 A manufacturing firm estimates that it has a monthly inventory tumover ratio of 2. Of the total warehouse space,

5 points Save Answer QUESTION 14 A manufacturing

5 points Save Answer QUESTION 14 A manufacturing firm estimates that it has a monthly inventory tumover ratio of 2. Of the total warehouse space, 40% is used for aisles. On average, a product occupies 0.3 cubic feet of space per Ib and can be stacked 15 feet high on racks. What is the storage space requirement for May with anticipated demand of 55,000 lb? O Between 1500 sq ft and 2000 sq ft O Larger than 2000 sq ft Between 1000 sq ft and 1500 sq ft O Less than 1000 sq ft

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