Inventory information for firm Best Tools: $$\begin{array} { l | l | }
\hline \begin{array} { l | }
\text { Expected } \
\text { inventory at }
\end{array} & \
\text { the end of } & \
\text { April: } & 200 \text { units } \
\hline \text { Expected } & \
\text { demand } & \
\text { during April: } & 50 \text { units } \
\hline \text { Production } & \
\text { planned for } & \
\text { April: } & 100 \text { units } \
\hline
\end{array}$$
What was the inventory at the end of March?
A)50 units
B)150 units
C)250 units
D)350 units

Question

Inventory information for firm Best Tools: $$\begin{array} { l | l | } 
\hline \begin{array} { l | } 
\text { Expected } \
\text { inventory at }
\end{array} & \
\text { the end of } & \
\text { April: } & 200 \text { units } \
\hline \text { Expected } & \
\text { demand } & \
\text { during April: } & 50 \text { units } \
\hline \text { Production } & \
\text { planned for } & \
\text { April: } & 100 \text { units } \
\hline
\end{array}$$
What was the inventory at the end of March?
A)50 units
B)150 units
C)250 units
D)350 units

Quizplus · Accepted Answer

Since the production planned for April is 100 units and the expected demand is 50 units, the expected inventory at the end of April is 200 units. Thus, the inventory at the end of March can be calculated by subtracting the expected sales in April from the expected inventory at the end of April: 200 - 50 - 100 = 50 units. Therefore, the answer is (B) 50 units.

Inventory Information for Firm Best Tools What Was the Inventory at the End of March? A)50

Inventory Information for Firm Best Tools What Was the Inventory at the End of March?
A)50