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Bill's Custom Planters (BCP) manufactures a line of decorative wooden planter boxes that are sold to both retail and wholesale customers. Bill generally tries to
Bill's Custom Planters (BCP) manufactures a line of decorative wooden planter boxes that are sold to both retail and wholesale customers. Bill generally tries to increase the finished goods inventory over the late fall and early winter to be prepared for the big sales months that follow. The expected sales for January through May 2020 are 900, 1,200, 1,400,1,200, and 1,000 planters, respectively. Dr. Bill likes to start each month with enough finished goods to supply at least 1/2 of that month's expected sales requirements. Prepare a schedule that shows the beginning inventory, required production, expected sales, and ending inventory for each month, January through March 2020. Also, show the quarterly totals. The following is a suggested format: Bill's Custom Planters Three-Month Rolling Production Schedule For January through March, 2020 February March Quarter 500 January Beginning Inventory500 Required Production Expected Sales Ending Inventory
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