In the original TOYCO model, toy trains are not part of the optimal product mix. The company recognizes that market competition will not allow raising the unit price of the toy. Instead, the company wants to concentrate on improving the assembly operation itself.
This entails reducing the assembly time per unit in each of the three operations by a specified percentage, p%. Determine the value of p that will make toy trains just profitable.
(The optimum tableau of the TOYCO model is given at the start of