Answer the following questions using the information below:
Furniture, Inc., estimates the following number of mattress sales for the first four months of 2012:
Finished goods inventory at the end of December is 3,000 units. Target ending finished goods inventory is 30% of the next month's sales.
-How many mattresses need to be produced in January 2012?
Definitions:
Transform Resources
Involves altering or developing organizational resources to enhance efficiency or achieve a specific goal.
Operating Efficiencies
The capability of a firm to maximize outputs from given inputs, thereby minimizing its costs.
Competitive Advantage
The attributes or capabilities that allow an organization to outperform its competitors, typically leading to greater market share or profitability.
Technology
The application of scientific knowledge for practical purposes, particularly in industry, to create tools, systems, or methods that solve problems or facilitate processes.
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