Grey Manufacturing Company expects sales to total 16,150 units in the first quarter, 14,250 units...
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Grey Manufacturing Company expects sales to total 16,150 units in the first quarter, 14,250 units in the second quarter, and 19,500 units in the third quarter of the current fiscal year. Company policy is to have on hand at the end of each quarter an amount of inventory equal to 10% of the following quarters sales.
Given this information, how many units should be scheduled for production in the second quarter?
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