How many bicycles should the company purchase


Response to the following problem:

Bison Sporting Goods sells bicycles throughout the northeastern United States. The following data were taken from the most recent quarterly sales forecast:

  Expected Sales End-of-Month
Target Inventory
July 1,970 units 380 units
August 2,120 units 470 units
September 2,050 units 440 units

On the basis of the information presented, how many bicycles should the company purchase in August?

 

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