Production Planning
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Bodean Corporation plans to sell 48,000 units of its product in May. The company has 2,800 units in its May 1st finished-goods inventory and anticipates having 2,500 completed units in inventory on May 31st. On the basis of this information, how many units does Bodean plan to produce during May?
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Solution Summary
This solution calculates the number of units to be produced based on inventory levels (beginning and ending) and units sold during the time period.
Solution Preview
The following equation applies:
Beginning inventory + Units produced - Units sold = Ending ...
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