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Consider the following information: Jan Feb Mar Sales (units) 40 k 52.00 k ? Production (units) 41.2 k 52.30 k 56.65 k April sales are

Consider the following information:

Jan

Feb

Mar

Sales (units)

40k

52.00k

?

Production (units)

41.2k

52.30k

56.65k

April sales are expected to be 71.50k units. The firm has 4k units on hand at the beginning of Jan and wishes to maintain 10% of the next months unit sales in storage at the end of each month.

Required: Calculate the expected unit sales for Mar.

Note: The term k is used to represent thousands ( $1,000).

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