How many baseball caps should be purchased in june

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Reference no: EM133474328

Case: The BaseballBliss Hotel is located near the Yankee Stadium in New York. The hotel has a souvenir shop selling various New York Yankees souvenirs. The most popular item is the New York Yankees baseball cap. The sales budget for baseball caps for the next 4 months is as follows:

Month	Baseball Cap Sales
June	500
July	720
August	800
September	850

It is expected that the shop will be holding 150 baseball caps in stock at the beginning of June. The shop manager always like to keep 30 per cent of the next month's baseball cap sales in stock.

Answer the questions below, using two decimal places where necessary.

How many baseball caps should be purchased in June?
How many baseball caps should be in stock at the end of June?
How many baseball caps should be purchased in July?
How many baseball caps should be in stock at the beginning of August?
How many baseball caps should be purchased in August?
How many baseball caps should be in stock at the end of August?

Reference no: EM133474328

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