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A firm produces products X, Y and Z with contribution margins of $4, $5 and $10 respectively. The firm has only 5000 machine hours available
A firm produces products X, Y and Z with contribution margins of $4, $5 and $10 respectively. The firm has only 5000 machine hours available for a particular period. The machine hours required for each of the products are 1 hour for X, 1 hour for Y and 5 hours for Z. Demand for the products is 1 000 for X, 3 000 for Y and 2 000 for Z. How many units of each product will the firm produce?
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