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a company produces three products with the following information good better best selling price per unit 17 19 26 variable cost per unit 8 10

a company produces three products with the following information

good better best

selling price per unit 17 19 26

variable cost per unit 8 10 12

machine hours per unit 2 3 4

the company has a limit of 14300 machine hours per month and a fixed cost of 24,000. the demand for each product is 2500 units per month. goal is to maximimize profits. suppose the company can rent a machine that will provide an additional 1360 machine hours per month, what is the maxmimum monthly rent they should be willing to pay?

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