WJE Company Has Only 4,000 Machine Hours Available Each Month

question 36

Multiple Choice

WJE Company has only 4,000 machine hours available each month. The following information on the company's three products is available: $\begin{array}{lccc}&\text { Product } & \text { Product } & \text { Product } \\&\text { AA } & \text { B B } & \text { CC } \\\text { Contribution margin per unit } & £ 10 & £ 13 & £ 5 \\\text { Machine hours per unit } & 2 & 1.5 & 0.5\end{array}$ If demand exceeds the available capacity, in what sequence should orders be filled to maximize the company's profits?

• A)Product AA first, Product BB second, and Product CC third
• B)Product BB first, Product AA second, and Product CC third
• C)Product CC first, Product BB second, and Product AA third
• D)Product CC first, Product AA second, and Product BB third

Understand the use and structure of open-ended questions in gathering qualitative data.

Recognize the significance of trend hunting in marketing and product development.

Appreciate the application of fixed-alternative and dichotomous questions in quantitative data collection.

Understand the fundamental concepts of options, including calls and puts.

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Definitions:

Need

A basic requirement or necessity for survival and well-being of individuals or communities.