Multiple Choice
A company budgeted unit sales of 204000 units for January 2017 and 240000 units for February 2017. The company has a policy of having an inventory of units on hand at the end of each month equal to 30% of next month's budgeted unit sales. If there were 61200 units of inventory on hand on December 31 2016 how many units should be produced in January 2017 in order for the company to meet its goals?
A) 214800 units
B) 204000 units
C) 193200 units
D) 276000 units
Correct Answer:
Verified
Correct Answer:
Verified
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