Question
26 5 pts Dolphin Company produces and sells four products; M, N, O and P. The company uses the traditional approach to determine its most
26 5 pts Dolphin Company produces and sells four products; M, N, O and P. The company uses the traditional approach to determine its most profitable product mix. Direct labor is the constraint. The following data relate to its four products. M N P Product Weekly Demand Selling Price per Variable Cost per Direct Material Labor Time in (in Units) Unit Unit Cost per Unit Hours per Unit 360 200 90 20 5 240 140 60 50 80 180 100 10 300 150 75 30 24 3 There are total of 990 hours available per week. Total fixed costs are $3,100 per week. Problem 3-1 In what order should Dolphin produce the products? OM. N. O. P OM. O. P. N ON.P.M.O ON. M. O. P
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