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units of product A, units of product B, and units of product C should be produced.

units of product A, units of product B, and units of product C should be produced.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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← A manufacturer produces three products, A, B, and C. The profits for each unit of A, B, and C sold are $1, $2, and $3, respectively. Fixed costs are $16,000 per year, and the costs of producing each unit of A, B, and C are $4, $5, and $7, respectively. Next year, a total of 6000 units of all three products is to be produced and sold, and a total profit of $11,000 is to be realized. If total cost is to be $46,000, how many units of each of the products should be produced next year? units of product A, units of product B, and units of product C should be produced.
Transcribed Image Text:← A manufacturer produces three products, A, B, and C. The profits for each unit of A, B, and C sold are $1, $2, and $3, respectively. Fixed costs are $16,000 per year, and the costs of producing each unit of A, B, and C are $4, $5, and $7, respectively. Next year, a total of 6000 units of all three products is to be produced and sold, and a total profit of $11,000 is to be realized. If total cost is to be $46,000, how many units of each of the products should be produced next year? units of product A, units of product B, and units of product C should be produced.
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