At the beginning of the 6-month period, 60 units of product 1 are in inventory. During
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At the beginning of the 6-month period, 60 units of product 1 are in inventory.
■ During the next 6 months, at most 175 units of product 2 can be sold on a cash basis, and at most 250 units of product 2 can be sold on a credit basis.
It costs $45 to produce each unit of product 2, and each sells for $52.50. A credit sale of a unit of product 2 yields $1.00 less profit than a cash sale. Four hours of production time are needed to produce each unit of product
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Related Book For
Practical Management Science, Revised
ISBN: 9781118373439
3rd Edition
Authors: Wayne L Winston, S. Christian Albright
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