Question gfi manufacturers ping pong tables and has a jit, Ask an Expert

Management Studies

Question: GFI manufacturers ping pong tables and has a JIT policy that ending inventory must equal 10 percent of the next month's sales. It is estimated that April's actual ending inventory will consist of 40,000 ping pong tables. May and June sales are estimated to be 400,000 and 350,000 tables respectively. Compute the number of tables to be produced that would appear on GFI's production budget for the month of May. Show the calculations for this question.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M92703722

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