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Lindsay Electronics, a small manufacturer of electronic research equipment, has approximately 7,100 items in its inventory and has hired Joan Blasco-Paul to manage its inventory. Joan has determined that 8% of the items in inventory are A items, 30% are B items, and 62% are C items. She would like to set up a system in which all A items are counted monthly (every 21 working days), all B items are counted quarterly (every 60 working days), and all C items are counted semiannually (every 124 working days). How many items need to be counted each day? The total number of items that need to be counted each day is items (round your response to the nearest whole number).

Lindsay Electronics, a small manufacturer of electronic research equipment, has approximately 7,100 items in its inventory and has hired Joan Blasco-Paul to manage its inventory. Joan has determined that 8% of the items in inventory are A items, 30% are B items, and 62% are C items. She would like to set up a system in which all A items are counted monthly (every 21 working days), all B items are counted quarterly (every 60 working days), and all C items are counted semiannually (every 124 working days). How many items need to be counted each day? The total number of items that need to be counted each day is items (round your response to the nearest whole number).

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Lindsay Electronics, a small manufacturer of electronic research equipment, has approximately 7,100 items in its inventory and has hired Joan Blasco-Paul to manage its inventory. Joan has determined that 8% of the items in inventory are A items, 30% are B items, and 62% are C items. She would like to set up a system in which all A items are counted monthly (every 21 working days), all B items are counted quarterly (every 60 working days), and all C items are counted semiannually (every 124 working days). How many items need to be counted each day? The total number of items that need to be counted each day is items (round your response to the nearest whole number).
Transcribed Image Text:Lindsay Electronics, a small manufacturer of electronic research equipment, has approximately 7,100 items in its inventory and has hired Joan Blasco-Paul to manage its inventory. Joan has determined that 8% of the items in inventory are A items, 30% are B items, and 62% are C items. She would like to set up a system in which all A items are counted monthly (every 21 working days), all B items are counted quarterly (every 60 working days), and all C items are counted semiannually (every 124 working days). How many items need to be counted each day? The total number of items that need to be counted each day is items (round your response to the nearest whole number).
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