Business, 08.11.2019 23:31 Blakemiller2020

Storage solutionsstorage solutions produces plastic storage bins for household storage needs. the company makes two sizes of bins: large (50 gallon) and regular (35 gallon). demand for the product used to be so high that the company could sell as many of each size as it could produce. the same machinery is used to produce both sizes. the machinery is available for only 3 comma 0003,000 hours per period. the company can produce 1010 large bins every hour compared to 1515 regular bins in the same amount of time. fixed expenses amount to $ 110 comma 000$110,000 per period. product mix data follows: requirements1. which product should storeall emphasize? why? 2. to maximize profits, how many of each size bin should storeall produce? 3. given this product mix, what will the company�s operating income?

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Storage solutionsstorage solutions produces plastic storage bins for household storage needs. the co...