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TB MC Qu. 11-68 (Algo) The Parking Space is a New York car dealership ... The Parking Space is a New York car dealership located
TB MC Qu. 11-68 (Algo) The Parking Space is a New York car dealership ... The Parking Space is a New York car dealership located in a highly visible area along a prominent highway. Fred Barns, owner of The Parking Space, is trying to decide how much front- row space along the highway to devote to each of four different car models. Fred has a maximum front-row space of 200 feet to devote to the four car models. He wants a minimum of 20 feet and a maximum of 80 feet of front-row space for each car model. Appropriate data on the four car models follow. Sales price per unit Variable costs per unit Units sold per 10 feet of front-row space per month Convertible $ 44,000 36,000 11 Truck $ 20,000 30,000 15 Sedan $ 56,000 38,000 8 SUV $ 29,000 18,000 16 The convertible model's monthly contribution per 10 feet of front-row space is: The convertible model's monthly contribution per 10 feet of front-row space is: Multiple Choice $78.000 O O $68,000. O $98.000 O $88.000 o $38.000
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