Inventory turnover and days of supply – McDonald’s fast-food 2023 Business Finance
2023 The McDonald s fast food restaurant on campus sells an average of 4 000 quarter pound hamburgers
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 n average the store has 350 pounds of hamburger in stock. Assume the hamburger costs $1.00 a pound. What is the inventory turnover for the hamburger patties? On average, how many days of supply are on hand?
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