ProductMix - PRODUCING FRAMES AT MONET (Product Mix Model)...

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profit=total revenue-total c Skilled labor Metal Glass Selling price unit profit Frame 1 2 4 6 28.50 6.00 Frame 2 1 2 2 12.50 2.00 Frame 3 3 1 1 29.25 4.00 Frame 4 2 2 2 21.50 3.00 cost 8 0.5 0.75 PRODUCING FRAMES AT MONET (Product Mix Model) The Monet Company produces four types of picture frames, which we label 1,2,3, and 4. The four types of respect to size, shape, and materials used. Each type requires a certain amount of skilled labor, metal, an the table below. This table also lists the unit selling price Monet charges for each type of frame. During the can purchase up to 4000 hours of skilled labor, 6000 ounces of metal, and 10.000 ounces of glass. The un labor hour, $0.50 per ounce of metal, and $0.75 per ounce of glass. Also, market constarints are such that more than 1000 type1 frames, 2000 type 2 frames, 500 type 3 frames, and 1000 type 4 frames. The comp its weekly profit.
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cost f frames differ with nd glass as shown in e coming week, Monet nit costs are $8.00 per t it is impossible to sell pany wants to maximize
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This note was uploaded on 05/31/2009 for the course MBA 4500 taught by Professor Eyupcetin during the Spring '09 term at Istanbul Technical University.

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ProductMix - PRODUCING FRAMES AT MONET (Product Mix Model)...

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