| Profit Maximisation - Exercise 3.24 | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | SOLUTION |
|---|---|---|---|---|
| (a) | A | Z | Total | |
| Units demanded | 2500 | 3500 | ||
| Labour hours per unit | 2 | 2 | ||
| Total labour hours required | 5000 | 7000 | 12000 | |
| (b) | Contribution per unit | 2 | 3 | |
| Labour hours per unit | 2 | 2 | ||
| Contribution per labour hour | 1 | 1.5 | ||
| (c) | Order of priority | first | Z | |
| second | A | |||
| (d) | Labour hours available for production | 3000 | 7000 | 10000 |
| (e) | Labour hours available | 3000 | 7000 | |
| Labour hours per unit | 2 | 2 | ||
| 1500 | 3500 | |||
| units | units |