Homestyle Interiors sells a variety of home furnishings including sleeper sofas.At 31 March,the company had 400 sofas in inventory.The company's policy is to maintain a sleeper sofa inventory equal to 2 per cent of next month's sales.The company expects the following sales activity for the second quarter of the year:
$\begin{array}{ll}
\text { April } & 1000 \text { sofas } \
\text { May } & 1400 \text { sofas } \
\text { June } & 2000 \text { sofas }
\end{array}$

What is the projected production for May?

Question

Homestyle Interiors sells a variety of home furnishings including sleeper sofas.At 31 March,the company had 400 sofas in inventory.The company's policy is to maintain a sleeper sofa inventory equal to 2 per cent of next month's sales.The company expects the following sales activity for the second quarter of the year:
$\begin{array}{ll}
\text { April } & 1000 \text { sofas } \
\text { May } & 1400 \text { sofas } \
\text { June } & 2000 \text { sofas }
\end{array}$

What is the projected production for May?

Quizplus · Accepted Answer

The Answer of Homestyle Interiors sells a variety of home furnishings including sleeper sofas.At 31 March,the company had 400 sofas in inventory.The company's policy is to maintain a sleeper sofa inventory equal to 2 per cent of next month's sales.The company expects the following sales activity for the second quarter of the year:
$\begin{array}{ll}
\text { April } & 1000 \text { sofas } \
\text { May } & 1400 \text { sofas } \
\text { June } & 2000 \text { sofas }
\end{array}$

What is the projected production for May?