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Keep-it-Cool Products Inc. manufactures a medium-sized drink cooler. At June 30, the company had 5,000 coolers in inventory. The company's policy is to maintain a
Keep-it-Cool Products Inc. manufactures a medium-sized drink cooler. At June 30, the company had 5,000 coolers in inventory. The company's policy is to maintain a cooler inventory equal to 15% of next month's sales. The company expects the following sales activity for the third quarter of the year:
July | 50,000 coolers |
August | 40,000 coolers |
September | 25,000 coolers |
How many coolers should be produced in August?
37,750 coolers | ||
36,250 coolers | ||
42,250 coolers | ||
43,750 coolers |
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