Define inventory turnover for the hamburger patties


The McDonald's fast food restaurant on campus sells an average of 4,000 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 that the hamburger costs $1.00 a pound. What is the inventory turnover for the hamburger patties? On average, how many days are on hand.

Request for Solution File

Ask an Expert for Answer!!
Business Management: Define inventory turnover for the hamburger patties
Reference No:- TGS0104183

Expected delivery within 24 Hours