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How many of each product produced to maximize the profit

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Reference no: EM133137184

Question - CWB Corp. produces three products, and currently has a shortage of machine hours capped at 360 hours. The selling price, costs, labor requirements, and demand of the three products are as follows:

 

Product A

Product B

Product C

Selling price

$5.00

$3.00

$5.00

Variable cost per unit

$3.50

$2.00

$2.00

Machine hours per unit

0.75

0.25

1

Demand (units)

300

360

210

Required -

a. In what order should CWB Corp. prioritize the production of the products?

b. How many of each product should be produced to maximize the profit?

Reference no: EM133137184

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