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Tucker Inc. needs 8kg of meat to make its dog treats per unit of product. Management wants materials on hand at the end of each
Tucker Inc. needs 8kg of meat to make its dog treats per unit of product. | ||||
Management wants materials on hand at the end of each month equal to 20% of the following month's production | ||||
On March 31, 11,000 kg of material are on hand. Material cost is $0.40 per kg | ||||
How much raw material in kgs needs to be purchased in April given the following production budget | ||||
April | May | June | October | |
Production | 26,000 | 46,000 | 29,000 | 101,000 |
208,000 | ||
110,000 | ||
11,000 | ||
165,000 |
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