Company LGF seeks to maximize profits and has a 'risk seeker' attitude when making decisions. The company has to choose between mutually exclusive projects. A range of possible profit outcomes has been estimated for each project along with their associated probabilities.
Company LGF would choose the project with the:

Two products being produced by a company require the same material which is limited to 2,600 kgs.

What is the optimal production plan?

Which of the statements about allocation of joint costs to products are true and which are false?

A company makes Product A and Product B. The production process for both products uses one type of material, one type of labour, and utilises one machine. All three of these resources will be limited in November. The company has performed a linear programming model and the constraints and optimal solution, to maximise contribution, are as follows:
Constraints:

For November, which of the above constraints are binding, and which are non-binding?

A decision tree is being evaluated back to a decision point.
There are two alternatives at this point:
1. To abandon the project and generate a return of $435,000;
2. To continue with the project and generate the following possible returns:

What value should be included at the decision point?