Problem:
Proco manufactures pipes. The estimated number of pipes for the first three months is:
Month Unit Sales
Jan 1,000
Feb 1,400
March 1,200
FGI at the end of last December was 100 units. Ending FGI is equal to 20% of the next month's sales. The company expects to sell the pipes for $10 each.
How many pipes should they produce in January?