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Product Mix Decision, Single Constraint The marketing manager has determined that the company can sell all that it can produce of each of the three
Product Mix Decision, Single Constraint
The marketing manager has determined that the company can sell all that it can produce of each of the three products.
Required:
How many of each product should be sold to maximize the total contribution margin? If a product should not be produced at all, enter for your answer.
Number of basic units:
Number of standard units:
Number of deluxe units:
What is the contribution margin per machine hour for each of these products? If required, round your answers to the nearest cent.
Basic units: per machine hour
Standard units: per machine hour
Deluxe units: per machine hour
What is the total contribution margin for this product mix?
Suppose that Patz can sell no more than units of each type at the prices indicated. What product mix would you recommend?
Number of basic units:
Number of standard units:
Number of deluxe units:
What would be the total contribution margin?
$
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