Nano, Inc. is preparing its budget for the second quarter. The following sales data have been forecasted: $\begin{array}{lr}&\text { April }&\text { May }&\text { June }&\text { July }&\text { August }\
\text { Sales in units }&640&720&780&620&660
\end{array}$

Additional information follows:
$\begin{array}{ll}
\text { Inventory on March 31: } & 192 \text { units } \
\text { Desired ending inventory each month: } & 30 \% \text { of next month's }\&\text { sales }
\end{array}$
How many units should be purchased in April, May, and June? How many units should be purchased in the second quarter in total?

Question

Nano, Inc. is preparing its budget for the second quarter. The following sales data have been forecasted: $\begin{array}{lr}&\text { April }&\text { May }&\text { June }&\text { July }&\text { August }\ 
\text { Sales in units }&640&720&780&620&660
\end{array}$
 
Additional information follows:
$\begin{array}{ll}
\text { Inventory on March 31: } & 192 \text { units } \
\text { Desired ending inventory each month: } & 30 \% \text { of next month's }\&\text { sales }
\end{array}$
How many units should be purchased in April, May, and June? How many units should be purchased in the second quarter in total?

Quizplus · Accepted Answer

The Answer of Nano, Inc. is preparing its budget for the second quarter. The following sales data have been forecasted: $\begin{array}{lr}&\text { April }&\text { May }&\text { June }&\text { July }&\text { August }\ 
\text { Sales in units }&640&720&780&620&660
\end{array}$
 
Additional information follows:
$\begin{array}{ll}
\text { Inventory on March 31: } & 192 \text { units } \
\text { Desired ending inventory each month: } & 30 \% \text { of next month's }\&\text { sales }
\end{array}$
How many units should be purchased in April, May, and June? How many units should be purchased in the second quarter in total?

Nano, Inc Is Preparing Its Budget for the Second Quarter