San Diego State University Operations And Supply Chain Management Assignment Help - Products
Question - Paymore products places orders for goods equal to 75% of its sales forecast in the next quarter. The
sales forecasts for the next five quarters are as follows: Sales Forecase for Quarter in Comming Year:
First quarter is $580; Second Quarter is $540; Third Quarter is $460: Fourth Quarter is $480;
Following year is $480; Calculate Paymore's cash payments to its suppliers under the assumption
that the firm pays for its goods with a 1 month delay. Therefore, on average, two-thirds of purchases
are paid for in the quarter that they are purchased, and one third are p;aid in the following quarter (Do
not round intermediate calculations) Quarter 1 payment is $_________? Quarter 2 is $_________?
Quarter 3 is $__________ 4th quarter is $_____
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