Hoover Electronics has beginning inventory of 22,000 units, will sell 60,000 units for the coming month, and desires to reduce ending inventory to 30 percent of beginning inventory. How many units should Hoover produce?
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Hoover Electronics has beginning inventory of 22,000 units, will sell 60,000 units for the coming month, and desires to reduce ending inventory to 30 percent of beginning inventory. How many units should Hoover produce?
Beg Inv 22,000
Sell 60,000
Produce??
Ending = .30 x Ben Inv 22,000 = 6,600
Therefore, Produce 44,600 units
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