Your company produces several products and is considering dropping production of Product C. The data for it is shown below.
Raw materials | Packaging | Overhead (facility, equipment, salaries, shipping, etc.) | Production capacity | Sells for | |
Product C | $20 per product | $2 per product | $4 per product | 3 per hour | $100 each |
You think Product C should be retained if it can be made more profitable. What is the best idea to save Product C, based on improving the data above?