Question

IDEAL product mix is decided in terms of

Answer 1

Answer:

Product mix refers to the variety of products a business offers its customers. Both manufacturers and retailers must determine the optimal product mix for their particular business. An optimal mix maximizes the potential unit sales while maintaining -- or ideally improving -- the company's profitability..

Answer 2

Product mix refers to the variety of products a business offers its customers. ... An optimal mix maximizes the potential unit sales while maintaining -- or ideally improving -- the company's profitability. When determining your product mix, you must balance both the short-term and long-term goals of the enterprise.......