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Kirby Soups has just made its sales forecasts, and its marketing department estimates that the company will sell 4 , 0 0 4 , 0
Kirby Soups has just made its sales forecasts, and its marketing department estimates that the company will sell units of its vegetable soup during the coming year. In the past, management has maintained inventories of finished goods at approximately two weeks sales. The inventory at the start of the budget period is units. Sales occur evenly throughout the year. Note: Assume weeks in a year.
Required:
Estimate the production level of vegetable soup required for the coming year to meet these objectives.
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