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need as soon as Alarge wood products company is negotiating a contract to sell plywood overseas. The fixed cost of the company which can be
need as soon as
Alarge wood products company is negotiating a contract to sell plywood overseas. The fixed cost of the company which can be allocated to the production of the plywood is nine hundred thousand dollars per month. The variable cost per thousand board feet is $144.50. Price charged will be determined by p=850(0.04)D per 1000 board feet. a. For this situation, determine the optimal monthly sales volume for this product and calculate the profit (or loss) at the optimal volume. b. What is the range of profitable demand during a month? a. The optimal monthly sales volume for this product is units. (Round to the nearest whole number.) The profit (or loss) at the optimal volume is \$ (Round to the nearest dollar) b. The range of profitable demand during a month is from units to units. (Round up the lower limit and down the upper limit to the nearest whole number.) Step by Step Solution
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