Question: Land O'Lakes' is considering two additional products, using some of the block cheddar cheese: extra sharp cheddar and shredded cheddar. A batch of each product
Land O'Lakes' is considering two additional products, using some of the block cheddar cheese: extra sharp cheddar and shredded cheddar.
A batch of each product uses one block of the cheddar cheese. The extra sharp cheddar is aged for a longer time period and the shredded cheddar would require Land O Lakes to shred the blocks of cheddar cheese. Cost data related to each new product is provided below.
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