←A manufacturer produces three products, A, B, and C. The profits for each unit of A, B, and C sold are $1, $2, and $3,respectively. Fixed costs are $16,000 per year, and the costs of producing each unit of A, B, and C are $4, $5, and $7,respectively. Next year, a total of 6000 units of all three products is to be produced and sold, and a total profit of$11,000 is to be realized. If total cost is to be $46,000, how many units of each of the products should be produced nextyear?units of product A,units of product B, andunits of product C should be produced.

Let the number of product A be xLet the number of product B be yLet the number of product C be z

Answered: units of product A, units of product B,…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter9: Decision Making Under Uncertainty

Section: Chapter Questions

Problem 46P

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units of product A, units of product B, and units of product C should be produced.