16 points ter Le Temps is a watch manufacturing company in Switzerland. They make two different...

 

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16 points ter 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: (16 Points) Model 94 Model 101 $4,500 $8.500 4.600 Price: Variable cost 2.300 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 Le Temps produce of each one of the two models in order to maximize its profits? ( Points) 11 of 11 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 Le Temps produce of each one of the two models in order to maximize its profits? Points) For the toolbar, press ALT-F10 (PC) or ALT+FN+F10 (Mac) 16 points ter 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: (16 Points) Model 94 Model 101 $4,500 $8.500 4.600 Price: Variable cost 2.300 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 Le Temps produce of each one of the two models in order to maximize its profits? ( Points) 11 of 11 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 Le Temps produce of each one of the two models in order to maximize its profits? Points) For the toolbar, press ALT-F10 (PC) or ALT+FN+F10 (Mac)

Answer rating: 100% (QA)

Working notes Calculation of contribution margin per machine hour 2 S... View the full answer