Course Solutions Uncategorized (Answered) : Inventory Mangement: A hospital reports that it has 10 days of supply of blood. What are its annual turns?

(Answered) : Inventory Mangement: A hospital reports that it has 10 days of supply of blood. What are its annual turns?

Inventory Mangement:

A hospital reports that it has 10 days of supply of blood. What are its annual turns?

Expert Answer


Consider the following notation:

Convert the 10 days of supply to years of supply as shown below:

Flow time, T = 10 days = 10/365 days per year = 0.0274 year.

Turns = 1/T = 1/0.0274 year = 36.5 per year

Therefore, Annual turns for the hospital is found to be 36.5 per year.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post

(Answered) : Please Answer Following Questions Indonesia S Cultural Values Based Hofstede S Value Dimen Q30612084(Answered) : Please Answer Following Questions Indonesia S Cultural Values Based Hofstede S Value Dimen Q30612084

<p>Please Answer the Following Questions :</p><p>What are Indonesia's Cultural Values based on Hofstede's Valuedimensions?</p><p>How does religion affects business operations in Indonesia?</p><p>What is the basic process of business negotiatins in Indonesia?Do