Assume it is december 31, and ci has exactly $12,000 in inventory. ci has a forecast of $11,000 in sales for january and $9,000 in february. how many days of forecast sales can be met with the current inventory given there are 23 working days in january and 21 in february?

25 days of forecast sales can be met with the current inventory

Explanation:

given data

CI inventory = $12,000

sale January =  $11,000

sale February = $9000

sale in  January = 23 days

sale in  February = 21 days

solution

we get here first Inventory left at end of January that is

Inventory left at end of January = $12,000 - $11,000

Inventory left at end of January = $1000

and In February sale for 1 day will be

February sale for 1 day =

February sale for 1 day = $428.57

now we consider x demand meet in no of days in February

so $1000 = $428.57  x

and x =

x = 2.3 days

so Total number of day for caste sale met  current inventory will be

no of days = 23 + 2.3

no of days = 25.3 = 25 days

so 25 days of forecast sales can be met with the current inventory

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answerup to (3) three years;