What was trader bob average inventory

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Reference no: EM132157150

1. Butternut is a ski resort in Massachusetts. One of their triple chair lifts unloads 2,400 skiers per hour at the top of the slope. (A triple chair lift can carry three passengers per chair.) The ride from the bottom to the top takes 8 minutes. How many skiers are riding on the lift at any one time?

2. Trader Bob, an organic food retail chain, operates 365 days a year. In 2007, the company turned its inventory approximately 35 times. The company’s COGS were 60% of its Sales and its annual Sales were about $7,600M that year. What was Trader Bob’s average inventory in 2007 (in $M)?

Reference no: EM132157150

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