Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Question 9 16 points Save Answer Le Temps is a watch manufacturing company in Switzerland. They make two different models: Model 94 and Model 101.

image text in transcribedimage text in transcribed

Question 9 16 points Save Answer Le Temps is a watch manufacturing company in Switzerland. They make two different models: Model 94 and Model 101. It takes the company 2 hours to produce one unit of Model 94 and it takes 3 hours to produce one unit of the Model 101. Below is more information about the two models: (Total: 16 Points)(Please show your work). Model 94 Model 101 Price $4,500 $8,500 Variable cost _2.300 4,600 1. Considering that the company's machines have a maximum capacity of 12,000 machines hours and assuming unlimited demand for both models, how much should Temp produce of each one of the two models? (8 Points) 2. Considering that the company's machines have a maximum capacity of 12,000 machines hours and assuming that the demand for Model 94 is 7,000 units and the demand for Model 101 is 3,000 units, how much should Temp produce of each one of the two models? (8 Points) Question 9 Needs Grading Le Temps is a watch manufacturing company in Switzerland. They make two different models: Model 94 and Model 101. It takes the company 2 hours to produce one unit of Model 94 and it takes 3 hours to produce one unit of the Model 101. Below is more information about the two models: (Total: 16 Points)(Please show your work). Model 94 Model 101 Price $4,500 $8,500 Variable cost 2,300 4,600 1. Considering that the company's machines have a maximum capacity of 12,000 machines hours and assuming unlimited demand for both models, how much should Temp produce of each one of the two models? (8 Points) 2. Considering that the company's machines have a maximum capacity of 12,000 machines hours and assuming that the demand for Model 94 is 7,000 units and the demand for Model 101 is 3,000 units, how much should Temp produce of each one of the two models? (8 Points)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

9781119563099

Students also viewed these Accounting questions