Solution-Determine the product mix

Determine the product mix

Reference no: EM13506931

The product mix decision ABC Company produces Product X, Product Y, and Product Z. All three products require processing on specialized finishing machines.

The capacity of these machines is 3,600 hours per month. ABC Company wishes to determine the product mix that should be achieved to meet the high demand for each product and provide the maximum profit. Following is information about each product:

	Product X	Product Y	Product Z
Selling price	$300	$240	$76
Variable costs	210	120	60
Machine time per unit	6 hours	4 hours	2 hours
Monthly demand (units)	360	240	600

Required:

Determine how the 3,600 hours of machine time should be allocated to the three products to provide the most profitable product mix.

Reference no: EM13506931

Questions Cloud

Calculate the change in entropy of the system this time : A large, cold (1.20 C) block of iron is immersed in a tub of hot (99.7C) water. Calculate the change in entropy of the system this time

Describe the crime and conviction of the criminal : Research a famous crime. Describe the crime and conviction of the criminal, identifying the category of the crime and detailing the specific characteristics pertaining to each of the eight general features of crime.

Explain the dilution of the buffer should not change the ph : The dilution of the buffer should not change the pH of the buffer by very much. Explain why not.

Gregg entrepreneur is organizing a small company to manufact : Gregg Entrepreneur is organizing a small company to manufacture a new biotechnology product. Entrepreneur will be a principal shareholder and president of the company.

Determine the product mix : Determine how the 3,600 hours of machine time should be allocated to the three products to provide the most profitable product mix.

Larger role in racial and ethnic stratification : Do you think that prejudice and discrimination or cultural patterns play a larger role in racial and ethnic stratification in the United States? How might these processes be related?

Explain ortho addition without the och3 group : The thought process was for the synthesis given for m nitro toluene in the solutions for 24 D, where they add the och3 group to the nh2, why did they do this? doesnt nh2 do ortho addition without the och3 group here

Sources a better source of new product ideas : Is the company's sales force or external sources a better source of new product ideas? Research an example of either or both approaches. Please address the ramifications of the globalization of the company's product line in your discussion. Explain y..

Developed in relation to the social hierarchies : How do the elites gain power and legitimacy from certain mainstream norms and cultural assumptions in the U.S. or a society which you are familiar with? One example. In sociology aspect.

User Account

All Pages

Determine the product mix

Reference no: EM13506931

Reference no: EM13506931

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Questionacme company utilizes the weighted-average method

Compute the price elasticity of demand for the spamblocker

Questionthe cuts-n-curves athletic club is a state-wide

From your own personal experience at your present or prior

Prepare a cash budget for the months of february

On september 21 2008 the lopez co issues 1000000 of bonds

Questionthe subsequent transactions involving intangible

Evaluate the 2010 cash-basis net income

The business case - ethics earl smith is a financial

Class of assets could be reported in accordance

Questionon march 1 2008 jackie chan company sold its 5 year

Activities for the lemonade stand

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT