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What is the optimal product mix

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Question - TVF Inc. makes two types of chairs, Executive and Modern. Both chairs require time in the Sanding Department, but there are only 133 hours per month available currently in that department. The company can only sell 450 of each chair per month.

 

Executive

Modern

Price

$150

$200

Variable Cost

$70

$110

Sanding Department time required (minutes)

15

20

Required - What is the optimal product mix that would maximize profit each month?

Reference no: EM133124912

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