Story Corp

question 78

Essay

Story Corp.produces three products,and currently has a shortage of machine hours since one of its two machines is down - only 460 hours are available this month.The selling price,costs,labor requirements,and demand of the three products are as follows:
a.In what order should Story prioritize production of the products?
b.How many of each product should be sold while the machine is down to maximize profit?
c.What is the total contribution margin if Story prioritizes production according to its limited resources?

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Definitions:

Remarketing

A digital marketing strategy that targets users who have previously interacted with a website or mobile app.

Invasion Of Privacy

An intrusion into the personal life of another, without just cause, which can give the person whose privacy has been invaded a right to bring a lawsuit for damages against the person or entity that intruded.

Photograph

An image created by light falling on a photosensitive surface, usually photographic film or an electronic image sensor, such as a CCD or a CMOS chip.

Bait And Switch

A deceptive marketing strategy where a seller advertises a product at a low price to attract customers, then persuades them to buy a more expensive item.