Diamonds Inc Based Upon the Above, How Many Diamonds Should the Company

Diamonds Inc. distributes whole cut diamonds throughout southeastern Ontario. The following data were taken from the most recent quarterly sales forecast. $\begin{array}{lll}& \text { Expected Sales } & \text { End of Month Target } \\&& \text { Inventory } \\\text { July } & 2,000 \mathrm{units} & 200 \text { units } \\\text { August } & 1,000 \mathrm{units} & 310 \text { units } \\\text { September } & 1,500 \mathrm{units} & 260 \mathrm{units}\end{array}$ Based upon the above, how many diamonds should the company purchase in August?

A) 890.
B) 1,000.
C) 1,110.
D) 1,310.
E) 1,500.

Correct Answer:

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