Question
Jonas Company makes two products, X and Y. X needs Processes I and II. Y needs Processes I and III. Given the limited resources available,
Jonas Company makes two products, X and Y. X needs Processes I and II. Y needs Processes I and III. Given the limited resources available, Jonas makes X in Week 1, and Y in Week 2.
The cost of each process (I, II, and III) vary continuously due to constant changes in price-demand relation (in labor, material, and overhead resources) Jonas would like to determine which products costs more. Which is the most scientific way (to control out random factors as much as possible)? | |||||||||
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