The local San Diego Company SoCal ShakaSurfer Corporation's budgets their sales quarterly. The quarterly sales for the
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Question:
The local San Diego Company SoCal ShakaSurfer Corporation's budgets their sales quarterly. The quarterly sales for the next year (2021) as expressed in units (which are surfboards) are as follows:
Quarter 1 | 11,200 units |
Quarter 2 | 9,850 units |
Quarter 3 | 16,800 units |
Quarter 4 | 16,100 units |
SoCal wants to keep inventory on hand (finished goods inventory) at the end of each quarter equal to 20% of the next quarter's sales. So based on all this information, SoCal ShakaSurfer should budget production to meet this demand for the 2nd quarter of the year to be:
11,240 units
9,850 units
8,460 units
10,840 units
Related Book For
Quantitative Methods for Business
ISBN: 978-0324651751
11th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey cam
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