[CPTL]

There's a long queue at COSC. I'm guessing there is a little truth to this, but not in the sense that it takes a tech 2,000 hours of labor (40 hrs per week x 50 weeks) to produce a finished product.

Maybe they're referring to production of a new model, or the lag between the time the first step is taken until the finished watch passes through QC. We know they have stacks of stamped cases waiting for movements to be installed, and they have a few thousand movements at any given time awaiting COSC certification. Total, though, I'm guessing it's well under 50 labor-hours for production. (At $20/hour, that would be $1k of the cost just for production labor.)