Pitt corp makes and sells a single product, widgets. two pounds of sand are needed to make one widget. budgeted production of widgets for the next few months follows:
september 25,000 units
october 31,000 units
the company wants to maintain monthly ending inventories of sand equal to 20% of the following months production needs. on august 31, 10,000 pounds of sand were on hand.
instructions
how much sand should be purchased in september?
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