Question

Information for firm ABC: Inventory at the end of April, 2008: 200 units Expected demand during April, 2008: 50 units Production expected during April, 2008: 100 units What was the inventory at the end of March 2008?

Answer 1

The inventory at the end of March 2008 for firm ABC was 150 units. This was determined by adding the expected demand to the end inventory for April and then subtracting the production for the month.

Step-by-step explanation:

To determine the inventory at the end of March 2008 for firm ABC, we consider the given numbers and apply basic inventory calculations. The inventory at the end of April is known to be 200 units. Given that the expected demand during April is 50 units and the production expected is 100 units, we can infer that the inventory at the start of April after meeting the demand (but before adding new production) must have been 150 units (end inventory of 200 units plus demand of 50 units). As 100 units were produced in April, we subtract that amount to derive the inventory at the end of March, which would be 150 units (inventory at the start of April minus production).

Answer 2

Inventory at the end of march will be 150

Step-by-step explanation:

We have given inventory at the end of April = 200 units

Expected demand during April = 50 units

Production expected during April = 100 units

We have to find the inventory at the end of march

Inventory at the end of April is given by

Inventory at the end of April = production in april - demand in april + inventory of march

So 200 = 100 - 50 + inventory of march

So inventory of march = 150