What is the inventory turnover for the hamburger patties

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Reference no: EM131273709

The Wendy’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 of supply are on hand?

Reference no: EM131273709

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