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Pass!!! 3th attempt but finally PASSED! 😉
Thank you John,
Sorry for my misunderstanding. I will watch lectures again.
Best regards,
Vladimir
Hello John,
The Question is exactly the same Higgins.
I solve the equations:
1.) 0.270P+0.270S < 5400
2.) 0.5P+0.75S < 12000
Multiply 2nd one by 0.54 I derive equation 3.):
3.) 0.275P+0.275S = 6480
Then I get the result S=8000 P=12000
But these results are not profit maximising results.
In this way I am trying to get the right answer before making graph. But as I sow these method which I use is wrong in terms of contribution maximising.
In this way I found optimal use of resource but not contribution maximising solution.
Thank you Mr. Moffat for your expert and soon respond!
