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Apple (Asia) 3-month plan Revenue Production Levels Power Mac G4 Powerbook G4 iMac iBook $3,750 $5,000 $ 2,500 $ 3,125 Production Production Minimum Cost Hours
Apple (Asia) 3-month 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 8 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 brilliant newly graduated assistant, who did not take BUS 101 course, suggested that the Apple should produce exactly 80% of the market demand for each item. (Suppose use can use unlimited overtime!) How much overtime should Apple use to satisfy this production plan? a) (You are not supposed to think about the cost of overtime for this part!) If the hourly fee of overtime is $15, does Apple have enough budget to fund this b) production plan? (Choose Yes or No
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