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End of Round 1 - (No Trade) The Solution The Solution Our analysts have determined that to produce one most combos. you need to prod
End of Round 1 - (No Trade) The Solution The Solution Our analysts have determined that to produce one most combos. you need to prod uce: .r 'E W 30 I CombosYouSoldz72 Optimal Combos: 30 m End of Round 1 - [With Trade) The Solution The Solution Our analysts have determined that WITHOUT U \""5 Prod oed Traded Final TRADE, the optimal solution was: Combos You Sold: 0 Optimal Combos: 80 I I Were you able to do better WITH TRADE? Hello Classmates, I know this is just the beginning, but these exercises have been a bit confusing so far. I managed to get in and make the attempt, but I did not understand the concept, nor were we giving enough time. I had the idea that I wanted to produce more fries in the time that it would take to make less burgers. However, if I were a business owner, I would consider my opportunities of making more sales and the cost that it would take to produces the supply. In this case I would need to be prepared to compare the advantages of revenue and costs. It would be to my advantage to know the costs of production, the time it takes, and which item would make the most revenue. Although, I was not able to complete the exercise according to my expectations of opportunity costs. I believe I have the right idea on the productions of fries and burgers. Analyzing the PPF helps a business owner to understand to ultimate output and potential revenue of 2 or more items. Using this method helps me as a business owner to determine the advantage on one item being produced versus the other. I hope my discussion is clear
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