What is the inventory turnover for the hamburger patties

Assignment Help Operation Management

Reference no: EM132198970

The McDonald’s fast-food restaurant on campus sells an average of 4,200 quarter-pound hamburgers each week. Hamburger patties are resupplied twice a week, and on average the store has 620 pounds of hamburger in stock. Assume that the hamburger patties cost $4 a pound and there are 52 weeks in a year.

a. What is the inventory turnover for the hamburger patties? (Round your answer to 2 decimal places.)

Inventory turnover______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_____________

Reference no: EM132198970

Questions Cloud

Balance the line using the longest task time rule : Desired output is 75 units per hour, thus the cycle time is 48 seconds. Balance the line (assign all tasks) using the longest task time rule.

Mortgages with short-term savings deposits : Savings and loans finance fixed-rate, long-term, 30-year home mortgages with short-term savings deposits. Is this risky?

Write a function that takes as an input a matrix p : Write a function called NoNegs that takes as an input a matrix P, and has a single output Q, which is the same as matrix P.

Write a function day name that consumes a parameter : Write a function day Name that consumes a parameter, day, containing the numerical value of a day in December 2011.

What is the inventory turnover for the hamburger patties : What is the inventory turnover for the hamburger patties? On average, how many days of supply are on hand?

Write a function that takes a matrix input called deg : The function returns a matrix of the same size as deg with each of its elements containing the sine of the corresponding element of deg.

Assumption about the population parameter : In hypothesis testing, which of the following means the tentative assumption about the population parameter?

Estimate of a population parameter : Which of the following means an estimate of a population parameter that provides an interval of values believed to contain the value of the parameter?

Compute a monte carlo estimate of the beta : Write a function to compute a Monte Carlo estimate of the Beta (3, 3) cdf, and use the function to estimate F (x) for x = 0.1, 0.2, ..., 0.9.

User Account

All Pages