Management wants to know the number of pallets that can be stored in a cubic warehouse space of 100 m by 40 m by 11 m. Examine the number of pallets can be stored using the given information and the rule-of-thumb formula for storage space calculations. State all assumptions used in your analysis.

Given: Pallet size: 1.2 m x 1 m

Module height: 1.65 m

Module length: 2.9 m

Aisle width: 3.2 m

Clearance between back-to-back pallets: 0.12 m

How realistic are your calculations? Identify two (2) factors that need to be considered that may affect your storage space calculations. Give reasons.