please answer all questions. Problem 13-16 (Algo)The McDonald's fast-food restaurant on campus sells an average of 13,200 quarter-pound hamburgers each week. Hamburger pattiesare resupplied twice a week, and on average the store has 760 pounds of hamburger in stock. Assume that the hamburger pattiescost $2 a pound and there are 52 weeks in a year.a. What is the inventory turnover for the hamburger patties? (Do not round intermediate calculations. Round your answer to 1decimal place.)Inventory turnover34.7 per yearb. On average, how many days of supply are on hand? (Do not round intermediate calculations. Round your answer to 2 decimalplaces.)Average days of supply

Here, very first I would determine the Inventory turnover for the hamburger patties, and then, I…

a. What is the inventory turnover for the hamburger patties? (Do not round intermediate calculations. Round your answer to 1 decimal place.) Inventory turnover 34.7 per year b. On average, how many days of supply are on hand? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Average days of supply

a. What is the inventory turnover for the hamburger patties? (Do not round intermediate calculations. Round your answer to 1 decimal place.) Inventory turnover 34.7 per year b. On average, how many days of supply are on hand? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Average days of supply

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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