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Do you have any suggestions for the resolution of these issues: Estimate Production and Materials Requirements The Casings Plant of Wyoming Machines makes plastics shells
Do you have any suggestions for the resolution of these issues: Estimate Production and Materials Requirements The Casings Plant of Wyoming Machines makes plastics shells for the company's calculators. (Each calculators or requires one shell.) For each of the next two years, Wyoming expects to sell 160,000 calculators. The beginning finished goods inventory of shells at the Casings Plant is 20,000 units. However, the target ending finished good inventory for each year is 5,000 units. Each units (shell) requires 6 ounces of plastics. At the beginning of the year, 60,000 ounces of plastics are in inventory. Management has set a target to have plastics on hand equal to two months' sales requirements. Sales and production take place evenly throughout the year. Required Compute the total targeted production of the finished product for the coming year. Compute the required amount of plastic to be purchased for the coming year
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