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1. Schwinn has the following information for its three products: Bicycles Tricycles Scooters Selling Price $120 $80 $50 Unit Variable Cost $70 $50 $30 Hours
1. Schwinn has the following information for its three products:
| Bicycles | Tricycles | Scooters |
Selling Price | $120 | $80 | $50 |
Unit Variable Cost | $70 | $50 | $30 |
Hours to Produce | 2 | 1.5 | 0.5 |
Monthly Demand | 1,000 | 800 | 1,200 |
Schwinn has only 3,500 hours available each month in its factory. How much of each product should be produced to maximize profits?
a) 1,000 Bicycles; 800 Tricycles; 1,200 Scooters
b) 1,000 Bicycles; 600 Tricycles; 1,200 Scooters
c) 1,000 Bicycles; 800 Tricycles; 600 Scooters
d) 850 Bicycles; 800 Tricycles; 1,200 Scooters
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