Consider a fim that sells its product in both the US. and the U.K. U.S. demand is for 13,000 unite, and the U.S. production capadty is 16,000 units. Demand in the U.K. is for 9,000 units, and theU.K. production capacity is 13,000 units. Production cost in the U.S. is $14.7, and production cost in the U.K. is £7. The current exchange rate is $1.221. The shipping cost is $3 per unit for anyunits shipped between the two countries. Sales prices equate to $120 in each country.a) How many should be made in each country?US units.UKunitsb) How much is the proft for each country?U.S. ProfitS (round your reaponse to the nearesat dollar).U.K. Profit-Sfround your response to the nearest dollar).Enter your answer in each of the answer boxes.

The total production capacity of both the countries is 29000 16000+13000=29000units 16000units in…

Answered: Consider a fim that sells its product…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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