(Solved): The following diagram shows the flow process, raw material costs, and mochine processing time for t ...
The following diagram shows the flow process, raw material costs, and mochine processing time for three products: A, B, and C. There are three machines (W??X, and ?) used in the production of these products; the times shown are in required minutes of production per unit. Raw material cost-are shown in cost per unit of product. The market will take all that can be produced.
a. Assuming that sales personnel are paid on a commission basis, which product should they selr? Product A Product B Product C b. On the basis of maximizing gross profit per unit, which product should be sold? Product A Product C Product B c. To maximize total profit for the firm, which product should be sold? Product A Product B Product C