Multiple Choice
A firm has 43 units of a certain product on hand. Forecasts for the first two planning periods are 20 units each. A production quantity of 80 units is planned to be available in period 3. Customer orders are 22 for period 1 and 17 for period 2. What is the projected on-hand inventory at the end of period 2?
A) 21
B) 1
C) 12
D) 20
E) impossible to say without more information
Correct Answer:
Verified
Correct Answer:
Verified
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