The McDonald's fast-food restaurant on campus sells an average of 4,000 quarter-pound hamburgers each week Hamburger patties are resupplied twice a week, and on average the store has 350 pounds of hamburger in stock. Assume that the hamburger patties cost $1.00 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 1 decimal place.) Inventory turmover 1486 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

The McDonald's fast-food restaurant on campus sells an average of 4,000 quarter-pound hamburgers each week Hamburger patties are resupplied twice a week, and on average the store has 350 pounds of hamburger in stock. Assume that the hamburger patties cost $1.00 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 1 decimal place.) Inventory turmover 1486 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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