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Business, 13.08.2021 01:40 xoxokaydavis2638
The McDonald’s fast-food restaurant on campus sells an average of 5,600 quarter-pound hamburgers each week. Hamburger patties are resupplied twice a week, and on average the store has 490 pounds of hamburger in stock. Assume that the hamburger patties cost $3 a pound and there are 52 weeks in a year.
Required:
a. What is the inventory turnover for the hamburger patties?
b. On average, how many days of supply are on hand?
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The McDonald’s fast-food restaurant on campus sells an average of 5,600 quarter-pound hamburgers eac...
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