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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1579 |
Essay's paper body
“Family†would indicate an affordable establishment and therefore frequent cash transaction. (CR)
o Due to almost all inventory being perishable goods to make the product offering, inventory turnover is the highest within this category. (CR)
o A significant portion of the restaurant chain’s assets is in the equipment used to produce the food...
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(CR)
o A significant portion of the restaurant chain’s assets is in the equipment used to produce the food. For example, a fast food restaurant would have a significant amount of equipment required to run the restaurant, i.e. the friers, ovens, industrial freezer, etc.
o While inventory turnover is not nearly as high as restaurant chains due to goods that are canned, boxed or dry foods and hence have longer shelf lives, they do have a higher inventory turnover then book chains simply because there is fresh food inventory including milk bread and vegetable and fruit produce that do perish quickly...
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General points of the essay
inventory management
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