You are responsible for insuring that 5550 finished goods are delivered to the new store in springfield, mo. however, you are also aware of the following statistics: expected theft within the warehouse prior to shipping: 0.5% expected damages as a result of transportation: 1.7% how many finished goods should you begin with so that, even with the theft and damages, you will have at least 5550 items in springfield, mo? ! your

5673 finished goods

Step-by-step explanation:

Given:

Number of finished goods required = 5550

Expected percentage theft within the warehouse prior to shipping = 0.5%

Expected percentage damages as a result of transportation = 1.7%

Now,

Number of Expected theft within the warehouse prior to shipping

=

= 27.75 units ≈ 28

and,

Number of Expected damages as a result of transportation

=

= 94.35 units ≈ 95

thus,

number of units of goods to be extra to begin with = 28 + 95

= 123 units

Hence,

there should be 5550 + 123 = 5673 finished goods so as to counter the theft and damages.

were is the equation