Question
The Smith Company produces four products. The company has limited machine time - only 45,000 hours are available this month. Product A Product B Product
The Smith Company produces four products. The company has limited machine time - only 45,000 hours are available this month.
|
| Product A | Product B | Product C | Product D |
| Selling price | $110 | $200 | $300 | 240 |
| Variable cost per unit | $100 | $170 | $250 | 195 |
| Machine time (hours per unit) | 10 | 40 | 60 | 50 |
| Demand (units) | 100 | 200 | 300 | 400 |
Required:
How many of each product should be sold to maximize profit?
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Accounting And Finance
Authors: Michael J. Jones
1st Edition
1118932072, 9781118932070
