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Pitt Corp Makes and Sells a Single Product Widgets

question 13

Essay

Pitt Corp. makes and sells a single product widgets. Two pounds of sand are needed to make one widget. Budgeted production of widgets for the next two months follows:
September 25000 units
October 31000 units
The company wants to maintain monthly ending inventories of sand equal to 20% of the following month's production needs. On August 31 10000 pounds of sand were on hand.
Instructions
How much sand should be purchased in September?


Definitions:

Organization's Overall Effectiveness

A measure of how well an organization achieves its goals and objectives through efficient use of resources, processes, and people management.

Quality and Calibre

Refers to the standard of something as measured against other similar things; the degree of excellence of something.

Selection Process

The series of steps and methods used by an organization to identify, evaluate, and hire the best candidates for a job opening.

Reliable

Refers to something or someone that is consistently good in quality or performance, able to be trusted.

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