Calculate the remaining open to buy balance. | ||||||
February BOM | $1,060 | |||||
February Sales | $550 | |||||
February MDs | $248 | |||||
February receipts on order | $875 | |||||
March BOM | $1,340 | |||||
Feb BOM | Feb Sales | Feb MD | March BOM | Mar OTB | Feb Receipts | OTB Balance |
$1,060 | $550 | $248 | $1,340 | $875 |
March OTB =
Feb sales + Feb MD + March BOM - Feb BOM
= $550 + $248 +$1,340 -$1,060
= $1078
OTB Balance =
March OTB + Feb Receipts
= $1078 +$875
= $1953
Calculate the remaining open to buy balance. February BOM $1,060 February Sales $550 February MDs $248...
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