Fairway's April Sales Forecast Projects That 6,000 Units Will Sell

question 51

Multiple Choice

Fairway's April sales forecast projects that 6,000 units will sell at a price of $10.50 per unit. The desired ending inventory is 30% higher than the beginning inventory, which was 1,000 units. Budgeted purchases of units in April would be:

• A) 6,000 units.
• B) 7,000 units.
• C) 6,300 units.
• D) 7,300 units.
• E) Some other amount.

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Definitions:

Peer-to-peer Processing

A method of computing where each participant in a network can act as both a supplier and consumer of resources, sharing their computing power and data directly with others without the need for centralized control.

Internet Backbone

A core network of high-capacity data transmission lines and routers that provides the foundation for high-speed internet access across different regions and countries.

Fiber-optic

Refers to the technology that uses thin, flexible fibers of glass or plastic to transmit data as pulses of light.

Client/server Computing

A computing architecture that divides tasks between servers that provide resources or services and clients that request them.