Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Acme Aquafers has forecasted the following monthly demand for humidifier sales in the first quarter of 2020: Month Forecasted Demand January 14,200 humidifiers February 16,800

Acme Aquafers has forecasted the following monthly demand for humidifier sales in the first quarter of 2020:

Month Forecasted Demand

January 14,200 humidifiers

February 16,800 humidifiers

March 19,000 humidifiers

Acme has a policy that they have 15% of the following months forecasted demand available as finished goods at the end of each month. Given this inventory policy, how many humidifiers must Acme produce in February to support the forecasted sales (assume that Januarys ending finished goods inventory were 15% of Februarys forecasted demand)?

  1. 2,520 humidifiers
  2. 2,850 humidifiers
  3. 16,800 humidifiers
  4. 17,130 humidifiers
  5. 19,650 humidifiers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Handbook For Investment Committee Members

Authors: Russell L. Olson

1st Edition

0471719781, 978-0471719786

More Books

Students also viewed these Finance questions

Question

What do you mean by dual mode operation?

Answered: 1 week ago

Question

Explain the difference between `==` and `===` in JavaScript.

Answered: 1 week ago

Question

2. Describe how technology can impact intercultural interaction.

Answered: 1 week ago

Question

7. Define cultural space.

Answered: 1 week ago