Given the Forecast and Booked Orders Shown in the Table,and

question 43

Multiple Choice

Given the forecast and booked orders shown in the table,and a beginning inventory of 20,what is the available to promise inventory for the first period? There are no LOT quantity constraints.

• A)0
• B)10
• C)20
• D)40

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Definitions:

Supply

The total amount of a specific good or service that is available to consumers in the market.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price over a specific time period.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price in a given period.

Demand

The quantity of a good or service that consumers are willing and able to purchase at different prices at a given time.