Question
Chase Business College offers the following computer continuing education courses: Course A Course B Course C Total student fees $ 90 $ 150 $ 120
Chase Business College offers the following computer continuing education courses:
Course A | Course B | Course C | |||||||||
Total student fees | $ | 90 | $ | 150 | $ | 120 | |||||
Variable costs | $ | 40 | $ | 60 | $ | 50 | |||||
Course length | 2 | hours | 5 | hours | 4 | hours |
(1.5 points) Question 1 - Assuming the college has limited computer lab time available, which course should it first select to offer?
(1.5 points) Question 2 - How many sections of each course should be offered if the college has paid for 100 hours of computer lab time in a nearby convention center and if the demand for each course is as follows: A, 20 sections; B, 15 sections; and C, 10 sections.
(2 points) Question 3 - Compute the profit from the three courses assuming the college paid $1,000 for the 100 hours of computer lab time and it offers the sections you recommended in Requirement 2.
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