Johnson Inc. produces two products, X and Y from a single joint process, costing $10,000, which is allocated evenly to each product. Johnson Inc. will produce 20,000 units of each product. Product X can be sold in its current format for $20 per unit. Product X incurs $12 of variable costs per unit. Product Y can be sold in its current format for $25 per unit. Product X incurs $12 of variable costs per unit. Alternatively, Products X and Y can be processed further and then resold. Product X can be processed further into 8,000 units of Product X1. Product Y can be further processed into 10,000 units Product Y1. - Product X1 would sell for $30 per unit and cost a total of $30,000. - Product Y1 would sell for $35 per unit and cost a total of $120,000. Based on the information provided, what is the optimal production plan for Johnson Inc

How does knowing about supply and demand

Captain john's yachts, inc., located in fort lauderdale, florida, rents three types of ocean-going boats: sailboats, cabin cruisers, and captain john's favorite, the luxury yachts. captain john advertises his boats with his famous "you rent"we pilot" slogan, which means that the company supplies the captain and crew for each rented boat. each rented boat has one captain, of course, but the crew sizes (deck hands, galley hands, etc.) differ. the crew requirements, in addition to a captain, are one for sailboats, two for cabin cruisers, and three for yachts. ten employees are captains, and an additional 18 employees fill the various crew positions. currently, captain john has rental requests for all his boats: four sailboats, eight cabin cruisers, and three luxury yachts. if captain john's daily profit contribution is $50 for sailboats, $70 for cruisers, and $100 for luxury yachts, how many boats of each type should he rent?

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