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Philco Fishing Supplies produces three sizes of fishing nets; large (L), medium (M) and small(S). Normally Philco can sell all the nets it can produce

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Philco Fishing Supplies produces three sizes of fishing nets; large (L), medium (M) and small(S). Normally Philco can sell all the nets it can produce but a skilled labor shortage is limiting Philco to 1,350 labor hours (DLH's) per month for the foreseeable future. Monthly data is shown below: Large Medium Small Contracted Sales (units) Total Potential Demand DLH's required per unit CM per unit $240 $180 $150 Required - Determine the production mix that will maximize Philco's CM for the coming month. (8 marks) A A E E

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