Illustrate what is the inventory turnover for the hamburger

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Reference no: EM1391024

Q. The McDonald's fast-food restaurant on campus sells an average of 4000 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 which the hamburger costs $1.00 a pound. Illustrate what is the inventory turnover for the hamburger patties? On average, explain how many days of supply are on hand?

Reference no: EM1391024

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