Vinak Ltd., which produces three products, furnishes you the following data for the current year.
The fixed expenses are estimated at `6,80,000. The company uses a single raw material in all the three products. Raw material is in short supply and the company has a quota for the supply of raw materials of the value of `18,00,000 for the current year for the manufacture of its products to meet its sales demand.
You are required to:
1. Set a product-mix which will give a maximum overall profit keeping the short supply of raw materials in view.
2. Compute the maximum profit.
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