Bend Company's Projected Sales Budget for the Next Four Months

question 71

Multiple Choice

Bend Company's projected sales budget for the next four months is as follows: $$\begin{array} { l l } & \text { Units } \\\text { January } & 70,000 \\\text { February } & 90,000 \\\text { March } & 55,000 \\\text { April } & 65,000\end{array}$$ Beginning inventory for the year is 27,000 units. Ending inventory for each month should be 30% of the next month's sales.
How many units need to be available for sale in February?

• A) 90,000
• B) 106,500
• C) 73,500
• D) 117,000

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Definitions:

Quota Sampling

A sampling method where participants are chosen to form a sample that represents certain characteristics of a population.

Academic Performance

The extent to which a student, teacher, or institution has achieved their short or long-term educational goals.

Simple Random Sampling

A sampling method where every member of a population has an equal chance of being selected.

Probability Sampling

A sampling method in which every member of the population has a known, non-zero chance of being selected, leading to representative and unbiased samples.