Question

Information for firm ABC: Inventory at the end of April, 2008: 200 units Expected demand during April, 2008: 50 units Production expected during April, 2008: 100 units What was the inventory at the end of March 2008?

Answer 1

Answer:

Inventory at the end of march will be 150

Explanation:

We have given inventory at the end of April = 200 units

Expected demand during April = 50 units

Production expected during April =  100 units

We have to find the inventory at the end of march

Inventory at the end of April is given by

Inventory at the end of April = production in april - demand in april + inventory of march

So 200 = 100 - 50 + inventory of march

So inventory of march = 150