Information for firm ABC: $$\begin{array} { l r }
\text { Inventory at the end of April, 2008: } & 200 \text { units } \
\text { Expected demand during April, 2008: } & 50 \text { units } \
\text { Production expected during April, 2008: } & 100 \text { units }
\end{array}$$
What was the inventory at the end of March 2008?
A) 350
B) 250
C) 150
D) 50
E) 400

Question

Information for firm ABC: $$\begin{array} { l r } 
\text { Inventory at the end of April, 2008: } & 200 \text { units } \
\text { Expected demand during April, 2008: } & 50 \text { units } \
\text { Production expected during April, 2008: } & 100 \text { units }
\end{array}$$
What was the inventory at the end of March 2008?
A) 350
B) 250
C) 150
D) 50
E) 400

Quizplus · Accepted Answer

We can use the inventory equation to find the inventory at the end of March 2008:

Inventory end of March = Inventory end of April - Expected demand during April + Production expected during April
Inventory end of March = 200 - 50 + 100
Inventory end of March = 150

Therefore, the inventory at the end of March 2008 was 150 units, which is option C.

Information for Firm ABC What Was the Inventory at the End of March 2008