Parameters:
(Exogenous, Uncontrollable) Variable Cost per Widget Selling Price per Widget Variable Cost per Gadget Selling Price Per gadget Hours to assemble one Widget Hours to assemble one Gadget Assembly hours available Hours to Paint one Widget Hours to Paint one Gadget Painting Hours Avaliable |
Intervening Variables:
(Endogenous) Contribution to Profit and Overhead per Widget
|
Outcome Variable:
(Endogenous) Total Contribution to Profit and Overhead |
Exogenous Decisions:
(Exogenous, Controllable) Number of Widgets to produce Number og Gadgets to produce |