Jean-Mane BouloIlys restaurant has the following inventory items that it orders on a weekly basis. Fill in
Question:
Jean-Mane BouloIlys restaurant has the following inventory items that it orders on a weekly basis. Fill in the blanks in the following table. Remember that annual dollar volume (not weekly) is requested. The restaurant is open 52 weeks a year. (Round doter volume to the nearest whole number and percentage of dollar volume to two decimal places.)
a) What is the highest annual dollar volume for any one item? $.......... (enter your response as a whole number).
b) For the following three questions consider only Rib eye steak. French fries, and Oil items for relative classification (these are some of the items for which you computed the metrics). Given the percentages of dollar volume, the class of Rib eye steak is.........................
The class of French fries is......................
The class of Oil is .......................
c) What is the total annual dollar volume for all items? $............. (enter your response as a whole number).
Macroeconomics Principles and Policy
ISBN: 9780324586213
11th Edition
Authors: William J. Baumol, Alan S. Blinder