Math Problem Statement
determine the number of units to be produced in 2020 given the following information a.inventories at the beginning of the year 250,000units b.projected sales in 2020 5,750,000 units c.the target level of ending inventories 400,000units
Solution
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Math Problem Analysis
Mathematical Concepts
Arithmetic
Inventory Planning
Production Planning
Formulas
Units to be produced = (Projected Sales) + (Target Ending Inventory) - (Beginning Inventory)
Theorems
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Suitable Grade Level
Grades 9-12
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