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Lloyd's produces and sells tennis rackets. The company requires that 22% of the next months projected sales (in units) are on hand at the end
Lloyd's produces and sells tennis rackets. The company requires that 22% of the next months projected sales (in units) are on hand at the end of each month. Lloyd's budgeted sales over the next four months are as follows:
January | February | March | April | |
Budgeted Sales (in tennis rackets) | 130,000 | 160,000 | 170,000 | 130,000 |
Based on this information, what would be budgeted production in number of units for March? Assume that the production policy has been followed to-date.
Round your answer to the nearest whole number. (Show answer clearly)
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