Two companies that manufacture the same three products move their production facilities to an area where raw materials are more readily available. Although they are in direct competition, the leaders of both companies are willing to consider an agreement that will allow for both to be successful.
While determining their options, they find that in the time it takes Company A to produce 15 units of Item 1, Company B produces 10 units.
In the time is takes Company A to produced 15 units of Item 2, Company B produces 25 units.
In the time it takes Company A to produce 15 units of Item 3, Company B has also produced 15 units.
Which additional information should be known before a deal is made?
I. The time it takes to manufacture each item.
II. The price for which each item can be sold.
III. The per-unit cost of each item."