Problemthe mcdonalds fastfood restaurant on campus sells an, Ask an Expert

Management Studies

Problem:

The McDonald's fastfood restaurant on campus sells an average of 4,800 quarter-pound hamburgers each week. Hamburger patties are resupplied twice a week, and on average the store has 465 pounds of hamburger in stock. Assume that the hamburger patties cost $3 a pound.

Required:

Question 1) What is the inventory turnover for the hamburger patties? On average, how many days of supply are on hand? Provide thorough explanation of the given question.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91169220

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