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Business, 12.08.2020 05:01 Annsanchez5526
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.
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 4,000 quarter-pound hamburgers eac...
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