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Oksana_A [137]
3 years ago
14

Two or more products are produced using limited resources. The firm would like to determine how many units of each product it sh

ould produce to maximize overall profit given its limited resources. This situation describes what type of problem in linear​ programming?
Business
1 answer:
inysia [295]3 years ago
3 0

Answer: Product-mix

Explanation:

From the given case/scenario, we can state that this situation describes the problem of product-mix. Product mix that is also known as or referred to as product assortment, tends to refer to total number of product/commodity lines that an organization offers to an individual or to its customers.There are four dimensions to an organization's product mix, these are length, width, consistency and depth.

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4 years ago
Striker 44 Corporation produces a part that is used in the manufacture of one of its products. The costs associated with the pro
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Answer:

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Explanation:

given data

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Variable factory overhead = ​57,000

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to find out

highest price that McMurphy should be willing to pay for​ 12,000 units of the part is

solution

we get here highest price that McMurphy should be willing to pay for​ 12,000 units of the part that is express as

highest price  = Direct material + Direct Labor + variable factory overhead + avoidable fixed overhead   .....................1

put here value we get

highest price  = $86000 + $130000 + $57000 + $58000

highest price  = $331,000

so correct option is A. ​$331,000

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