Lingstat Company Is Trying to Decide How Many Units of Merchandise

question 88

Multiple Choice

Lingstat Company is trying to decide how many units of merchandise to order each month.The company's policy is to have 15% of the next month's sales in inventory at the end of each month.Projected sales for August,September,and October are 5,000 units,6,000 units,and 4,000 units,respectively.How many units must be purchased in September?

• A) 6,600
• B) 6,150
• C) 5,850
• D) 5,700
• E) 6,300

---

Definitions:

SAT

A standardized test widely used for college admissions in the United States, assessing reading, writing, and math skills.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of values.

NCE

Normal Curve Equivalent, a standard score used in educational testing to compare individual performance across a normalized distribution.

Standard Deviation

A statistical measurement that quantifies the amount of variation or dispersion of a set of values, showing how much each value in the set differs from the mean.