Question
Rapid Grow Inc., based in Davenport, Iowa, sells high-end fertilizers. Rapid Grow has two divisions: North Italy mining division, which mines potash in northern
Rapid Grow Inc., based in Davenport, Iowa, sells high-end fertilizers. Rapid Grow has two divisions: North Italy mining division, which mines potash in northern Italy U.S. processing division, which uses potash in manufacturing top-grade fertilizer The processing division's yield is 50%: It takes 2 tons of raw potash to produce 1 ton of top-grade fertilizer. Although all of the mining division's output of 12,000 tons of potash is sent for processing in the United States, there is also an active market for potash in Italy. The foreign exchange rate is 0.80 Euro = $1 U.S. The following information is known about the two divisions: (Click the icon to view the information.) Read the requirements.
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