Question: The newly opened Subway outlet on campus sells an average of 2000 6-inch sandwiches each week. The sandwich bread is supplied two times a week.
The newly opened Subway outlet on campus sells an average of 2000 6-inch sandwiches each week. The sandwich bread is supplied two times a week. On average, the store has 350 pieces of 1-foot bread in stock. Assume that each 1-foot bread costs $1.00.
Calculate the average inventory turnover and days of supply on hand for the sandwich bread at this outlet.
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