The product mix decision ABC Company produces product X. product Y. and product Z. All three products require processing on specialized finishing machines. The capacity of these machines is 1200 hours per month. ABC Company wants to determine the product mix that should lie achieved to meet the high demand for each product and provide the maximum profit. Following is information about each product:
Required:
Determine how the 1200 hours of machine time should lie allocated to the three products to provide the most profitable product mix.