Question: Question 1 Product-Mix Decisions [10 marks] A company produces two electronic product models: Deluxe and Basic. The per unit data are given as follows: begin{tabular}{|lrrr|}

Question 1 Product-Mix Decisions [10 marks] A company produces two electronic

product models: Deluxe and Basic. The per unit data are given as

Question 1 Product-Mix Decisions [10 marks] A company produces two electronic product models: Deluxe and Basic. The per unit data are given as follows: \begin{tabular}{|lrrr|} \hline Data & Deluxe & Standard & Basic \\ Labour hours (hours) & 12 & 10 & 9 \\ Machine hours (hours) & 15 & 6 & $ \\ Contribution margin per unit (\$) & $180 & $135 & 50 \\ Minimum requirements per month (units) & 40 & 50 & 55 \\ \hline \end{tabular} Capacity data Monthly Iabour hours (hours) 1600 Monthly machine hours (hours) State mathematical equations if necessary Required: Calculate the optimal units for Deluxe, Standard and Basic models to maximise the monthly contribution margin. [10 marks]

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