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Consider the following information: Jan Feb Mar Sales (units) 5.7k 52.00k ? Production (units) 1.2k 52.30k 56.65k April sales are expected to be 71.50k units.
Consider the following information: Jan Feb Mar Sales (units) 5.7k 52.00k ? Production (units) 1.2k 52.30k 56.65k April sales are expected to be 71.50k units. The firm has 7.8k units on hand at the beginning of Jan and wishes to maintain 10% of the next month's 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). k units (ROUND YOUR ANSWER TO 2 DECIMAL PLACES. FOR EXAMPLE: 17.23)
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