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What is the inventory position

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Problem 1: Suzie's Sweetshop makes special boxes of Valentine's Day chocolates. Each costs $16 in material and labor and sells for $28. After Valentine's Day, Suzie reduces the price to $12 and sells any remaining boxes. Historically, she has sold between 60 and 85 boxes. Determine the optimal number of boxes to make using the Single Period Inventory Excel template in MindTap. Do not round intermediate calculations.

Problem 1.b How would Suzie's decision change if she can only sell all remaining boxes at a price of $4? Do not round intermediate calculations. Round your answer to the nearest whole number.

Problem 2: What is the inventory position if the on-hand quantity is 680 units, scheduled receipts are 180 units, and 130 units are on backorder?

Reference no: EM132836671

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