Restore Corp.produces three products,and is currently facing a labor shortage - only 3,000 hours are available this month.The selling price,costs,labor requirements,and demand of the three products are as follows:
a.In what order should Restore prioritize production of the products?
b.How many of each product should be sold during the labor shortage to maximize profit?
c.What is the total contribution margin if Restore prioritizes production according to its limited resources?

Question

Restore Corp.produces three products,and is currently facing a labor shortage - only 3,000 hours are available this month.The selling price,costs,labor requirements,and demand of the three products are as follows:
  a.In what order should Restore prioritize production of the products?
b.How many of each product should be sold during the labor shortage to maximize profit?
c.What is the total contribution margin if Restore prioritizes production according to its limited resources?

Quizplus · Accepted Answer

The Answer of Restore Corp.produces three products,and is currently facing a labor shortage - only 3,000 hours are available this month.The selling price,costs,labor requirements,and demand of the three products are as follows:
  a.In what order should Restore prioritize production of the products?
b.How many of each product should be sold during the labor shortage to maximize profit?
c.What is the total contribution margin if Restore prioritizes production according to its limited resources?