Inventory information for firm ABC: $$\begin{array} { l l }
\text { Inventory at the end of April, 2008: } & 200 \text { units } \
\text { Expected demand during April, 2008: } & 50 \text { units } \
\text { Production expected during April, 2008: } & 100 \text { units }
\end{array}$$ What was the inventory at the end of March 2008?
A) 350
B) 250
C) 150
D) 50
E) 400

Question

Inventory information for firm ABC: $$\begin{array} { l l } 
\text { Inventory at the end of April, 2008: } & 200 \text { units } \
\text { Expected demand during April, 2008: } & 50 \text { units } \
\text { Production expected during April, 2008: } & 100 \text { units }
\end{array}$$ What was the inventory at the end of March 2008?
A) 350
B) 250
C) 150
D) 50
E) 400

Quizplus · Accepted Answer

We can use the formula:
Ending Inventory = Beginning Inventory + Production - Demand
Substituting the given values, we get
200 = Beginning Inventory + 100 - 50
Solving for Beginning Inventory, we get
Beginning Inventory = 150. Therefore, the inventory at the end of March 2008 was 150 units. Answer choice C is the correct answer.

Inventory Information for Firm ABC What Was the Inventory at the End of March 2008