Question: Quarter Sales Forecast (use this forecast for ALL problems) . 100 120 200 100 520 (NOTE that Quarter 1 will be abbreviated as Q-I, Quarter

Quarter Sales Forecast (use this forecast for ALL problems).

  1. 100
  2. 120
  3. 200
  4. 100

520

(NOTE that Quarter 1 will be abbreviated as Q-I, Quarter 2 as Q-II, etc.)

  1. If the beginning inventory is 50 for Q-I, 150 units are produced during Q-1, and sales occur according to the forecast for Q-1, what is the average inventory for Q-I? (Show your calculations and CIRCLE your answer.)

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