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14 May, 03:52

Truliant co. sells a product called Withall and has predicted the following sales for the first four months of the current year:

January February March April

Sales in units 1,700 1,900 2,100 1,600

Ending inventory for each month should be 20% of next month.

How many unitsshould be produced in February?

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  1. 14 May, 06:14
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    Production = 1,940 units

    Explanation:

    Giving the following information:

    Sales (in units):

    January = 1,700

    February = 1,900

    March = 2,100

    Ending inventory for each month should be 20% of next month.

    To calculate production, we need to use the following formula:

    Production = sales + desired ending inventory - beginning inventory

    Production = 1,900 + (2,100*0.2) - (1,900*0.2)

    Production = 1,940 units
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