The management of Trachte Corporation is reviewing its policies concerning compensation of salespersons.The company has four products that use the same constrained resource.Data concerning those products appear below: 
The company does not have enough of the constrained resource to satisfy for demand of all four products.
Required:
a.If salespersons are paid commissions that are a set percentage of sales,which product would they prefer to sell? In other words,if it is a choice between selling one unit of one product and one unit of another,which product would they prefer to sell?
b.From the standpoint of the entire company,if it is a choice between sales of one unit of one product versus another,which product should the salespersons emphasize?
Definitions:
Possibility of Error
The probability that a statistical inference or decision made might be incorrect due to the limitations of sampling or experimental design.
Statistical Significance
The probability that an observed difference or relationship exists in a population, not just in the sample studied.
Hypothesized Reason
A suggested theory developed from minimal evidence intended to serve as a foundation for additional research.
Statistical Significance
A determination that a relationship between variables is not likely to be due to chance at a specified level of probability.
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