Q16 The ABC fast-food restaurant on campus sells an average of3,000 quarter-pound hamburgers each week. Hamburger patties areresupplied twice a week, and on average the store has 290 pounds ofhamburger in stock. Assume that the hamburger costs $1.50 a pound.What is the inventory turnover for the hamburger patties? Onaverage, how many days of supply are on hand? [1 Mark]
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