Manufacturing costs Archives

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How have the companies been successful in charging high prices to the brand’s consumers, despite the low costs of manufacturing?

Posted on December 11, 2022 by Assessments

Give two examples of brands where manufacturing costs are well below the selling price. With that in mind provide answers to the below questions; 1. How have the companies been successful in charging high prices to the brand’s consumers, despite the low costs of manufacturing? 2. How is customer information used as a part of […]

If the total number of portable printers demanded per month does not exceed 2500 and the company has earmarked no more than $600,000/month for manufacturing costs, how many units of each model should National make each month to maximize its monthly profit?

Posted on February 21, 2022 by Ambrose

Linear Programming National Business Machines manufactures x model A portable printers and y model B portable printers. Each model A costs $100 to make, and each model B costs $150. The profits are $40 for each model A and $35 for each model B portable printer. If the total number of portable printers demanded per […]

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How have the companies been successful in charging high prices to the brand’s consumers, despite the low costs of manufacturing?

If the total number of portable printers demanded per month does not exceed 2500 and the company has earmarked no more than $600,000/month for manufacturing costs, how many units of each model should National make each month to maximize its monthly profit?