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Gerber Inc has 5,200 machine hours available each month. The following information on the company's three products is available: Product 1 Product 2 Product 3
Gerber Inc has 5,200 machine hours available each month. The following information on the company's three products is available:
| Product 1 | Product 2 | Product 3 | |
| Contribution margin per unit | $45.00 | $54.00 | $22.50 |
| Machine hours per unit | 3 | 2 | 1 |
| Sales demand in units | 900 | 1,000 | 3,000 |
Requirements:
| What production schedule will maximize the company's profits? | Product 1: Product 2: Product 3: |
| What will be the maximum possible contribution margin? |
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