Question
1. Harwinton, Inc. anticipates sales of 48,000 units, 46,000 units, and 49,000 units in July, August, and September, respectively. Company policy is to maintain an
1. Harwinton, Inc. anticipates sales of 48,000 units, 46,000 units, and 49,000 units in July, August, and September, respectively. Company policy is to maintain an ending finished-goods inventory equal to 40% of the following month's sales. On the basis of this information, how many units would the company plan to produce in July? Multiple Choice 48,800. 47,200. 46,000. 46,800.
2..
Oxford Industries has the following sales forecasts for its snowshoes next year:
First Quarter | 25,000 | pairs |
Second Quarter | 5 | % increase over first quarter |
Third Quarter | 4 | % decrease from second quarter |
Fourth Quarter | 8 | % increase over first quarter |
What is Oxfords estimated sales in units for next year?
Multiple Choice
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103,450 pairs.
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95,750 pairs.
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100,000 pairs.
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101,200 pairs.
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