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1) The Panther Pillow Company manufactures foam pillows. The number of cushions to be produced in the upcoming three months follows:
Number of foam pillows to be produced in July 15,000 Number of foam pillows to be produced in August 10,000 Number of foam pillows to be produced in September 12,000
Each pillows requires 2 pounds of the foam used as stuffing. The company has a policy that the ending inventory of foam each month must be equal to 25% of the following monthʹs expected production needs. How many pounds of foam does The Panther Pillow Company need to purchase in August? A) 21,500 B) 27,500 C) 21,000 D) 19,500
July August September Number of foam cushions 12000 15000 10000 amount of foam required 2 2 2 Total foam required 24000 30000 20000 closing foam required- 25% of following 7500 5000 Total foam…
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