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Finding production level for a month

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On October 1, The Gala Manufacturing Company has 290 units of Product XYZ on hand. The company plans to sell 1,150 units of Product XYZ during October, and plans to have 480 units on hand October 31. How many units of Product XYZ must be produced during October?

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Solution Summary

Solution explains the steps for finding out the production level of a product for a given targetted level of sales and closing stock.

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  • BEng (Hons) , Birla Institute of Technology and Science, India
  • MSc (Hons) , Birla Institute of Technology and Science, India
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