WARM-UP COMPANY- A Business Simulation

Abstract

"In order to operate the Warm-up Company, it is necessary in the beginning to make eight basic decisions for each month. Four of these decisions pertain to the low-priced model gas furnace which the company manufactures end sells, end four pertain to the high-priced model. These decisions include (1) the price of the product for the current month, (2) the amount of money to be spent for promotional work during the current month, (3) the number of units to be produced during the current month, and (4) the number of units of raw material to be ordered end received during the current month. "