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Question(s) / Instruction(s):

A company budgeted units sales of 51,000 units for January, 2002 and 60,000 units for February, 2002 The company has a policy of having an inventory of units on hand at the end of each month equal to 30% of next month's budgeted unit sales If there were 15,300 units of inventory on hand on December 31, 2001, how many units should be produced in January, 2002 in order for the company to meet its goals?

a)            53,700 units

b)            51,000 units

c)            48,300 units

d)            69,000 units

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