Answer:
The peak inventory will be 2 sales days of hamburguers, which is equivalent to 7,000 lbs. As they are consumed in 2 days, the average inventory is 3,500 lbs.
Step-by-step explanation:
If the meat should be no more than two days old on average when used, the stock of hamburguer in the refrigerator has to be at most the equivalent to 2 day of sales.
The "2 days old" represents the inventory turnover.
If we use all the hamburguers in the refrigerator and refill inmediatly, the average inventory is:
[tex]\bar I=\dfrac{\text{Beginning inventory}+\text{Ending inventory}}{2}\\\\\\\bar I=\dfrac{2*3,500+0}{2}=3,500[/tex]
The peak inventory will be 2 sales days of hamburguers, which is equivalent to 7,000 lbs. As they are consumed in 2 days, the average inventory is 3,500 lbs.