Question
Popeye has 200 labor-hours available. There is no limit on machine-hours. Popeye can sell all of X it wants, but it can only sell 45
Popeye has 200 labor-hours available. There is no limit on machine-hours. Popeye can sell all of X it wants, but it can only sell 45 units and 20 units of Y and Z, respectively.
|
| Product X | Product Y | Product Z |
| Contribution margin per unit | $30 | $24 | $24 |
| Labor-hours per unit | 6 | 6 | 4 |
| Machine-hours per unit | 10 | 8 | 2 |
To maximize profits, how many units of each product should Popy produce?
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Venture capital and the finance of innovation
Authors: Andrew Metrick
2nd Edition
9781118137888, 470454709, 1118137884, 978-0470454701
