College Finance Level 1 - Financial Forecasting
Biomedical Products anticipates sales of 53,000 units for the first six months of the year. Beginning inventory is maintained at 15 percent of anticipated sales. Ending inventory will be equal to 19 percent of the projected sales of 65,000 units for the last six months of the year.
How many units should the firm produce during the first six months of the year?
Units to be produced =