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Short Inc. has 5,200 machine hours available each month. The following information on the company's three products is available: Product 1 Product 2 Product 3
Short Inc. has 5,200 machine hours available each month. The following information on the company's three products is available: Product 1 Product 2 Product 3 Contribution margin per unit $45.00 $54.00 $ 22.50 Machine hours per unit 2 Sales demand in units 900 1,000 3,000 Required: a. What production schedule will maximize the company's profits? b. What will be the maximum possible contribution margin
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