Wood County Hospital consumes 400 boxes of bandages per week. The price of bandages is $80 per box, and the hospital operates 52 weeks per year, 7 days a week. The cost of processing an order is $64 and the cost of capital is 20% (cost of carrying $1 worth of inventory for one year is $0.20).
1) Best Q=?
2) Average time a box of bandage is stored in the warehouse?