A firm has 45 units of a certain product on hand. Forecasts for the first two planning periods are 20 units each. A production quantity of 80 units is planned to be available in period 3. Customer orders are 22 for period 1 and 17 for period 2.

What is the projected on hand inventory at the end of period 2?

Select one:

a.12

b.5

c.3

d.25

e.23