Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Problem 13-16 (Algo)
The McDonald's fast-food restaurant on campus sells an average of 13,200 quarter-pound hamburgers each week. Hamburger patties
are resupplied twice a week, and on average the store has 760 pounds of hamburger in stock. Assume that the hamburger patties
cost $2 a pound and there are 52 weeks in a year.
a. What is the inventory turnover for the hamburger patties? (Do not round intermediate calculations. Round your answer to 1
decimal place.)
Inventory turnover
34.7 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
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Transcribed Image Text:Problem 13-16 (Algo) The McDonald's fast-food restaurant on campus sells an average of 13,200 quarter-pound hamburgers each week. Hamburger patties are resupplied twice a week, and on average the store has 760 pounds of hamburger in stock. Assume that the hamburger patties cost $2 a pound and there are 52 weeks in a year. a. What is the inventory turnover for the hamburger patties? (Do not round intermediate calculations. Round your answer to 1 decimal place.) Inventory turnover 34.7 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
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