James Seigel is the CEO of Seigel Monitor Company, a manufacturer of computer monitors. Seigel manufactures three
Question:
James Seigel is the CEO of Seigel Monitor Company, a manufacturer of computer monitors. Seigel manufactures three types of computer monitors: SVGA, VGA, and EGA. The sales projections (in units) for 2000 and the first quarter of 2001 are:
\begin{tabular}{|c|c|c|c|}
\hline & SVGA & VGA & EGA \\
\hline 1st quarter, 2000 & 3,000 & 5,000 & 2,000 \\
\hline 2nd quarter, 2000 . & 2,500 & 4,750 & 2,150 \\
\hline 3rd quarter, $2000 \ldots$ & 2,850 & 4,900 & 1,800 \\
\hline 4th quarter, $2000 \ldots$. . . & 3,200 & 4,876 & 2,150 \\
\hline 1st quarter, $2001 \ldots$. . . . & 2,900 & 5,100 & 2,200 \\
\hline
\end{tabular}
Beginning inventory for SVGA, VGA, and EGA are $1,350,1,500$, and 1,275 , respectively. Seigel requires that $1 / 2$ of the next quarters' sales are maintained in inventory.
How many monitors must be manufactured for each quarter of 2000 to meet sales and inventory demand?
Step by Step Answer:
Survey Of Accounting
ISBN: 9780538846172
1st Edition
Authors: James D. Stice, W. Steve Albrecht, Earl Kay Stice, K. Fred Skousen