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Fast Cars Ltd makes souvenir model toy cars from wood. Cost and price information is...

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Fast Cars Ltd makes souvenir model toy cars from wood. Cost and price information is given in the table below. If there are only 1000 meters of wood available, how many Sports model cars should Fast Cars Ltd make in order to maximise their profits? Vintage model 300 40 Demand (units) Sales price per unit (E) Variable Costs per unit (E) Contribution per unit () Wood used meters Contribution per metre of wood Deluxe model 200 50 35 15 2 7.50 Sports model 100 80 60 20 5 4 30 10 1 10 15 100 75 60

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