Assume it is december 31, and ci has exactly $12,000 in inventory. ci has a forecast of $11,000 in sales for january and $9,000 in february. how many days of forecast sales can be met with the current inventory given there are 23 working days in january and 21 in february?

25 days of forecast sales can be met with the current inventory

Explanation:

given data

CI inventory = $12,000

sale January =  $11,000

sale February = $9000

sale in  January = 23 days

sale in  February = 21 days

solution

we get here first Inventory left at end of January that is

Inventory left at end of January = $12,000 - $11,000

Inventory left at end of January = $1000

and In February sale for 1 day will be

February sale for 1 day =

February sale for 1 day = $428.57

now we consider x demand meet in no of days in February

so $1000 = $428.57  x

and x =

x = 2.3 days

so Total number of day for caste sale met  current inventory will be

no of days = 23 + 2.3

no of days = 25.3 = 25 days

so 25 days of forecast sales can be met with the current inventory

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this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

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