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(6 points) Reidland Manufacturing has a limited quantity of a resource, X235. Using the following information, help Reidland make the appropriate resource allocation decision:
(6 points) Reidland Manufacturing has a limited quantity of a resource, X235. Using the following information, help Reidland make the appropriate resource allocation decision: Minimum Production Required Product 1 Product 2 Product 3 100 60 60 40 40 Sales Price per Unit 4,000 5,000 8,000 Variable Costs per Unit 1,650 1,800 3,000 Units of X235 Needed Product X235 Available 800 What product should Reidland focus its efforts on? b. How many of each product should be produced? What are the projected sales for the company using the optimal product mix (assume all products produced are immediately sold)?
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