A Company Sells Two Products with Information as Follows Products Are Made by Machine

question 153

True/False

A company sells two products with information as follows:
$$\begin{array} { | l | r | r | } \hline & { \text { A } } & { \text { B } } \\\hline \text { Sales price per unit } & \$ 18 & \$ 26 \\\hline \text { Variable cost per unit } & \$ 7 & \$ 16 \\\hline\end{array}$$ Products are made by machine.Five units of product A can be made with three machine hours and five units of product B can be made with 0.6 machine hour.If there are no constraints on production or sales of either product,then the company should emphasize sales of product B.

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Definitions:

Mutually Exclusive Classes

Categories or groups that cannot occur simultaneously, implying that the occurrence of one event precludes the occurrence of another.

Line Graph

A line graph is a type of chart used to display information as a series of data points connected by straight line segments, typically used to visualize trends over time.

Data Values

Individual pieces of information or measurements collected in a study or used in an analysis.

Skewed To The Right

A distribution where the tail on the right side of the histogram is longer or fatter than the left side, indicating that the majority of data points are concentrated to the left.