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A company would like to make a price and production decision for product Delta. The monthly demand of product Delta is related to the selling

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A company would like to make a price and production decision for product Delta. The monthly demand of product Delta is related to the selling price according to the following equation: Monthly Demand = 19308 - 111.6*(Price) for prices between $104 and $125 per unit. The unit variable cost of product Delta is estimated to be $51. Each unit of product Delta requires 1.3 hours of labor. There will be 8,000 hours of labor available next month. The monthly fixed costs associated with product Delta is $132,000. How many units of product Delta should be produced next month? What is the optimal unit selling price? What is the optimal monthly profit? Show brief explanation. Do not attach any document or spreadsheets

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