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Apple (Asia) 3-mbnth plan Revenue Production Levels Power Mac G4 Powerbook G4 iMac iBook $ 3.750 $5.000 $ 2.500 $ 3.125 Production Production Minimum Cost

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Apple (Asia) 3-mbnth plan Revenue Production Levels Power Mac G4 Powerbook G4 iMac iBook $ 3.750 $5.000 $ 2.500 $ 3.125 Production Production Minimum Cost Hours Production $ 2.625 5.000 $ 3.750 10 5.000 $ 1.500 7 5.000 $ 2.250 5 5.000 Market Demand 25.000 15.000 25.000 15.000 Used Hours Budget (hours) 300.000 Production Cost $0 Budget (money) $158.250.000 Revenue Production Cost Profit $0 $0 $0 The marketing department reports that for price change less than $300, every $100 drop in the price of any product increases the market demand by 3500 units and vice versa (i.e. elasticity = 35). Price and price change values should be integers! Use the Solver tool to find the optimal production levels with the given constraints. The board approved a change only in the price of Powerbook G4. What is the new price of Powerbook G4 in the optimal production? Apple (Asia) 3-mbnth plan Revenue Production Levels Power Mac G4 Powerbook G4 iMac iBook $ 3.750 $5.000 $ 2.500 $ 3.125 Production Production Minimum Cost Hours Production $ 2.625 5.000 $ 3.750 10 5.000 $ 1.500 7 5.000 $ 2.250 5 5.000 Market Demand 25.000 15.000 25.000 15.000 Used Hours Budget (hours) 300.000 Production Cost $0 Budget (money) $158.250.000 Revenue Production Cost Profit $0 $0 $0 The marketing department reports that for price change less than $300, every $100 drop in the price of any product increases the market demand by 3500 units and vice versa (i.e. elasticity = 35). Price and price change values should be integers! Use the Solver tool to find the optimal production levels with the given constraints. The board approved a change only in the price of Powerbook G4. What is the new price of Powerbook G4 in the optimal production

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