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Umbrella Co . is considering the introduction of three new products. Per unit sales and cost information are as follows: A B C Sales price
Umbrella Co is considering the introduction of three new products. Per unit sales and cost information are as follows:
A
B
C
Sales price
$
$
$
Variable costs
$
$
$
Fixed costs
$
$
$
Labor hours per unit
hours
hours
hours
Monthly demand in units
The company has only direct labor hours available to commit to production of any new products.
Required
How many of each product should Umbrella Co produce and sell to maximize its profit?
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