Business, 02.04.2020 01:03 sherlock19
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 3 2 1
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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Short Inc has 5,200 machine hours available each month. The following information on the company's t...
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