Dave operates his business out of a small store, so he doesn't have a lot of shelf
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Dave operates his business out of a small store, so he doesn't have a lot of shelf space for his products. Recently some additional shelf space became available. Dave is trying to decide which of his products to put in that space.
Product 1 has a contribution margin per unit of $500 and a contribution margin per square foot of space of $2,000.
Product 2 has a contribution margin per unit of $600 and a contribution margin per square foot of space of $1,200.
Required
Based on this information alone, which product would be best for the extra shelf space?
Related Book For
Introduction to Probability
ISBN: 978-0716771098
1st edition
Authors: Mark Daniel Ward, Ellen Gundlach
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