Modulitex is currently in its 3rd year of operations and has the following forecasted sales for the second six months year 4: - 

July August September October November December 

UNITS: 55,000 45,000 50,000 46,000 54,000 63,000 

Moduletex has developed a policy of maintaining an inventory of finished goods equal to 25 percent of the next month's budgeted sales. How many units has Moduletex budgeted to produce in October?

Answer rating: 100% (QA)

To calculate the number of units Moduletex has budgeted to produce in October we need to f... View the full answer