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Mountain Ice produces three types of organic ice cream: vanilla bean, chocolate chunk, and black cherry. Each product type has different product costs and sales
Mountain Ice produces three types of organic ice cream: vanilla bean, chocolate chunk, and black cherry. Each product type has different product costs and sales demand. If the prescriptive question is "How much should be produced for each type to maximize contribution margin?", what analyses should be used?
A whatif analysis can be used to determine the product mix that will maximize contribution margin.
A linear optimization model can be used to determine the product mix that will maximize contribution margin.
A regression analysis can be used to determine the product mix that will maximize contribution margin.
A goal seek analysis can be used to determine the product mix that will maximize contribution margin.
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