Charlie Hamburger Project Essay

Submitted By Murraymn1
Words: 387
Pages: 2

1. How many hamburgers does Charlie normally sell during the period of the contract? 12480 hamburgers 2. What is the total cost of the hamburger inventory for the period?$ 7,488 3. How many hamburgers will Charlie need to purchase under the new vendor contract? 18400 hamburgers 4. What is the total cost of this inventory?$7680 5. What is the average cost of a hamburger under this deal? (Round to the nearest cent.) $0.42 per patty 6. What is the percent savings per hamburger under the new deal? 30% 7. What is the total cost savings? If Charlie accepts the new deal, rather than buying the same amount of burgers from his current vendor, what is the total cost savings? $3360 in savings 8. If hamburger sales remain stable at 12 cases per week during this period, how many hamburgers will Charlie have remaining in inventory at the end of 13 weeks? 5920 hamburgers 9. If hamburger sales remain stable at 12 cases per week into the future, how many weeks will it take to sell the remaining hamburgers? (Round to the nearest week.) 6 weeks 10. If Joe can figure out a way to sell 14 cases a week, how many weeks will it take to sell the entire new vendor inventory? (Round to the nearest week.) 16 weeks 11. Beyond the price per patty savings, what factors should Joe consider when advising Charlie whether or not to take the new deal? How much cases Charlie really would have to buy. He should consider if he would be spending more money or saving more.…