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Stinehelfer Beet Processors, Inc., processes sugar beets in batches. A batch of sugar beets costs $56 to buy from farmers and $13 to crush in
Stinehelfer Beet Processors, Inc., processes sugar beets in batches. A batch of sugar beets costs $56 to buy from farmers and $13 to crush in the company's plant. Two intermediate products, beet fiber and beet juice, emerge from the crushing process. The beet fiber can be sold as is for $24 or processed further for $12 to make the end product industrial fiber that is sold for $31. The beet juice can be sold as is for $43 or processed further for $29 to make the end product refined sugar that is sold for $91. What should stienhelfer Beet Processors, Inc. do to maximize profits? Sell Beet Fiber and Beet Juice (do not process either any further) Sell Beet Fiber as is and Process Beet Juice into Refined Sugar to seil Process Beet Fiber into Industrial Fiber to sell and sell Beet Juice as is Process Beet Fiber and Beet Juice into Industrial Fiber and Refined Sugar and then sell
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