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A grocery retailer is reviewing the performance of a line of whole-grain crackers.The average inventory consists of 24 boxes of each of the four flavors.The
A grocery retailer is reviewing the performance of a line of whole-grain crackers.The average inventory consists of 24 boxes of each of the four flavors.The crackers retail for $3.89 per box. In its first year, sales for the cracker line were $22,406.40. The grocery retailer expects an inventory turn rate of 52 for all products. Products that do not meet this goal are replaced. Based on this information, will the retailer continue with the cracker line in the upcoming year?
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