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How many rockers of each model should jim helmer produce

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Reference no: EM132715522

Helmer's Rockers manufactures two models, Standard and Premium. Weekly demand is estimated to be 100 units of the Standard Model and 70 units of the Premium Model. The following per unit data apply:

                                                    Standard             Premium
Contribution margin per unit         $18                 $20
Number of machine-hours required  3                 4

PROBLEM 1: If there are 600 machine-hours available per week, how many rockers of each model should Jim Helmer produce to maximize profits?

Reference no: EM132715522

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