A restaurant has annual sales of $420,000, an average inventory of $6000, and an annual cost of

Question:

A restaurant has annual sales of $420,000, an average inventory of $6000, and an annual cost of goods sold of $264,000. What are the restaurant’s days-of-supply of inventory?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Operations Management

ISBN: 9781260547610

2nd International Edition

Authors: Gerard Cachon, Christian Terwiesch

See More Books

Question Posted: Aug 12, 2020 02:02 AM

See More Questions

What are the R, S configurations of the three stereogenic centers in D-ribose? (A molecular model will be helpful here.)
The Relax Inns rooms department has annual sales of $600,000 and variable costs of $180,000. The inns food department has annual sales revenue of $200,000 and variable costs of $160,000. The inns...
A retailer has annual sales of $500,000 and an average finishedgoods inventory of $15,000. If the retailer sells each unit for an average of $25 and purchases the units for $15, what is its annual...
It is stated in Section 40.3 that a finite potential well always has at least one bound level, no matter how shallow the well. Does this mean that as U 0 0, E 1 0? Does this violate the Heisenberg...
Of two personnel evaluation techniques available, the first requires a two-hour test interview while the second can be completed in less than an hour. The scores for each of the 15 individuals who...
Which two or three very important needs could the previous employer not meet?
Calculating the Annual Percentage Rate. In problem 1, Dave borrowed $500 on January 1, 2019, and paid it all back at once on December 31, 2019. What was the APR? LO7-2
Instantaneous Power in a Standing Wave. From Eq. (15.21), the instantaneous rate at which a wave transmits energy along a string (instantaneous power) is Where F is the tension. (a) Evaluate f (x, t}...
Exercise 23-8 Income analysis of eliminating departments LO P4 Marinette Company makes several products, including canoes. The company has been experiencing losses from its canoe segment and is...
Jordan and Julianne Marra both work. Julianne is a part-time environmental lawyer whose W-2 provided the following information. Wages, tips, other compensation: $51,122.00 Social Security wages:...
All else being equal, a larger item is likely to have a higher annual holding cost percentage than a smaller item. True or false? a. True b. False
Which of the following possible responses by a customer who is faced with a stockout is the most costly to the firm? a. Lose the sale and lose the customer. b. Lose the sale. c. Lose the sale of one...
Create your own data analysis and visualization presentation. The purpose of this project is for you to search for a publicly available data set using the Internet and create your own presentation...
As a project manager it is important to utilize the right tool at the right time. When it comes to managing quality on projects, this is no exception. Identify three 'Total Quality Tools' that you...
Describe 2 change models that you could use to create change in an organization. Choose 1 of the models that you think would be most successful in an organization, and analyze reasons why you chose...
During the current year, Rothchild, Inc., purchased two assets that are described as follows. Heavy Equipment Purchase price, $375,000. Expected to be used for 10 years, with a residual value at the...
Regarding the Mozilla case, assume that Communities of Practice start to arise spontaneously around topics that are related to the visualizations in the Portal at Mozilla. What do you think is the...
Regarding Issues That Affect Recruitment, how would you proceed as the assistant superintendent for human resources in a school district that is experiencing a shortage of qualified applicants for...
During Year 1, Hardy Merchandising Company purchased $40,000 of inventory on account. Hardy sold inventory on account that cost $24,500 for $38,000. Cash payments on accounts payable were $22,000....
Bobbie Singh provides writing services for small businesses. He blogs for companies that need professionally written content. His business records at November 15, 2023, are shown below: During the...
The Pinewood Cabinet and Furniture Company produces sofas, tables, and chairs at its plant in Greensboro, North Carolina. The plant uses three main resources to make furniturewood, upholstery, and...
The Pinewood Cabinet and Furniture Company produces sofas, tables, and chairs at its plant in Greensboro, North Carolina. The plant uses three main resources to make furniturewood, upholstery, and...
The Mystic Coffee Shop blends coffee on the premises for its customers. It sells three basic blends in one-pound bags: Special, Mountain Dark, and Mill Regular. It uses four different types of coffee...
You are evaluating a new project for the firm you work for, a publicly listed firm. The firm typically finances new projects using the same mix of financing as in its capital structure, but this...
state, "The subscription price during a rights offering is normally r; lower ; lower r; higher er; higher than the rights-on price and
Arnold inc. is considering a proposal to manufacture high end protein bars used as food supplements by body builders. The project requires an upfront investment into equipment of $1.4 million. This...

A restaurant has annual sales of $420,000, an average inventory of $6000, and an annual cost of

Question:

Step by Step Answer:

264000 365 da...View the full answer

Operations Management

Students also viewed these Business questions