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Noud me PROBLEM 3 - Volume Trade Of Decision: Maroon-Blue produces three distinct products. Information about the selling prices and unit costs of the three
Noud me PROBLEM 3 - Volume Trade Of Decision: Maroon-Blue produces three distinct products. Information about the selling prices and unit costs of the three products are: Widgets $ 80 $ 55 Product Fidgets $ 60 $ 45 PS34 $ 90 $ 60 Selling price Variable costs Fixed costs (applied on the basis of direct labor hours) Welding machine time (minutes) $ 30 $ 9 $ 27 10 5 5 Due to current economic conditions, there is more demand for the three products than the company can fill. The welding machine is the constraint, with only 2,500 minutes of welding machine time available this week. Given the welding machine constraint, which product do you think they should produce first, second, and third this week? Show all calculations
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