Final answer:
To find the greater number of bicycles the company previously produced to make the same profit, divide the previous profit by the profit per bicycle.
Step-by-step explanation:
To determine the greater number of bicycles the company previously produced to make the same profit, we need to find the profit per bicycle. We can do this by dividing the profit by the current production:
Profit per bicycle = Profit / Production
Then, to find the previous production needed to make the same profit, we can divide the previous profit by the profit per bicycle:
Previous production = Previous profit / Profit per bicycle
By substituting the given values, we can solve for the previous production:
Previous production = 30 million / (30 million / 1 million) = 1 million bicycles