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Exercise #2 On October 1, a manufacturing company would like to determine the quantity of Material #11 it should order for December delivery. The
Exercise #2 On October 1, a manufacturing company would like to determine the quantity of Material #11 it should order for December delivery. The production schedule calls for 4,200 units of Material #11 for October operations, 4,400 units for November and 4,700 units for December. On October 1, the inventory record shows operations 4,400 units on hand, 3,600 units on order for October delivery and 4,500 units for November delivery. The inventory needed to begin January production is 3,600 units. REQUIRED: Compute the quantity to be ordered for December delivery.
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