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A company produces a single product, Axplan. The following sales forecast was decided on for the period January, 2020 to April, 2020: Details January February

A company produces a single product, Axplan. The following sales forecast was decided on for the period January, 2020 to April, 2020:

Details

January

February

March

April

May

Axplan

3,000

2,000

2,500

3,000

2,600

The closing stock level for the product at the end of each month is to be maintained at a level equaling to 30% of the sales for the next month. The opening stock for the products at the start of the year is estimated to be 900 units.

Desired Closing stock in units for January is?

a.

750

b.

780

c.

900

d.

600

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Question 2

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Desired Closing stock in units for February is?

a.

600

b.

750

c.

900

d.

780

Clear my choice

Question 3

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Desired Closing stock in units for March is?

a.

600

b.

780

c.

900

d.

750

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Question 4

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Total units required for the month of January is?

a.

3,600

b.

2,750

c.

3,780

d.

3,400

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Question 5

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Total units required for the month of February is?

a.

2,750

b.

3,400

c.

3,600

d.

3,780

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Question 6

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Total units required for the month of March is?

a.

3,780

b.

3,400

c.

3,600

d.

2,750

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Question 7

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Production required for the month of January is?

a.

2,880

b.

2,650

c.

2,150

d.

2,700

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Question 8

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Production required for the month of February is?

a.

2,650

b.

2,150

c.

2,880

d.

2,700

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Question 9

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Production required for the month of March is?

a.

2,150

b.

2,700

c.

2,880

d.

2,650

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Question 10

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Production required for the month of April is?

a.

2,880

b.

2,650

c.

2,700

d.

2,150

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