Question $1(15$ pts$)$:

The following table shows financial data $($year $2006)$ for Dirt Cheap Wholesale and Kwiki$-$Mart,

two US retailers. Assume that both companies have an average annual holding cost rate of

$20\%.$

Work on worksheet Q$1$ for the following questions:

a$)$ How many days, on average, does a product stay in Dirt Cheap's inventory before it is sold?

Assume that stores operate $365$ days a year.

b$)$ How much lower $($expressed in $$\text{'}$s$)$ is$,$ on average, the inventory cost for Dirt Cheap compared

to Kwiki$-$Mart of a house hold cleaner valued at $$15?$