a) What is the highest annual dollar volume for any one item? S (enter your response as a whole number). b) For the following three questions consider only Rib eye steak, French fries, and Oil items for relative classification (these are some of the items for which you computed the metrics). Given the percentages of dollar volume, the class of Rib eye steak is The class of French fries is V The class of Oil is c) What is the total annual dollar volume for all items? $(enter you с B a whole number).
a) What is the highest annual dollar volume for any one item? S (enter your response as a whole number). b) For the following three questions consider only Rib eye steak, French fries, and Oil items for relative classification (these are some of the items for which you computed the metrics). Given the percentages of dollar volume, the class of Rib eye steak is The class of French fries is V The class of Oil is c) What is the total annual dollar volume for all items? $(enter you с B a whole number).
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...
Related questions
Question

Transcribed Image Text:Jean-Marie Bourjolly's restaurant has the following inventory items that it orders on a weekly basis. Fill in the blanks in the following table. Remember that annual dollar volume (not weekly) is requested. The restaurant is open 52
weeks a year. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.)
The class of French fries is
The class of Oil is
ID
Item
1 Rib eye steak
2
3 Pasta
4 Salt
5 Napkins
6 Tomato sauce
c) What is the total annual dollar volume for all items? $
Lobster tail
(enter you
7
8 Pepper
9 Garlic powder
10 Trash can liners
11 Table cloths
12 Fish filets
13 Prime rib roasts
14 Oil
15 Lettuce (case)
16 Chickens
17 Order pads
18 Eggs (case)
19 Bacon
20 Sugar
French fries
C
♥
B
# Ordered per Cost/Case
Week
($)
3
140
245
23
3
12
25
A
NOENEN was du w w w 8 N N N N w W
a whole number).
3
12
2
12
30
3
3
3
5
10
6
3
24
14
7
2
48
3
11
12
32
143
166
21
35
75
12
22
56
4
4
Annual Dollar
Volume
a) What is the highest annual dollar volume for any one item? $
(enter your response as a whole number).
b) For the following three questions consider only Rib eye steak, French fries, and Oil items for relative classification (these are some of the items for which you computed the metrics).
Given the percentages of dollar volume, the class of Rib eye steak is
38,220
14,352
312
1,248
468
1,716
1,872
8,320
74,360
51,792
*.
43,680
54,600
1,248
8,008
14,560
416
% of Dollar
Volume
8.87
3.33
0.07
0.29
0.11
0.40
0.43
1.93
17.26
12.02
10.14
12.68
0.29
1.86.
3.38
0.10
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps with 3 images

Recommended textbooks for you

Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,

Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education

Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,

Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education


Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning

Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.