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OpenStudy (anonymous):
Woodland bicycle make two models of off road bicycles: The Explorer which sells for $250 and the grande expedition which sells for $350. Both models use the same frame, but the painting and assembly required for the explore is 2 hours many of each model should be produced to maximize revenue?
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OpenStudy (amistre64):
revenue has a specific meaning; it is the amount of cash generated from sales. in order to maximize revenue, the amount of cash from sales, then you should only produce the grande since it brings in more cash. without any more data, that would be the most logical choice.
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