Consider the Spreadsheet for Stone Age Surfboards Provided Below -What Is the Total Profit Generated?
A) $ 675

question 21

Multiple Choice

Consider the spreadsheet for Stone Age Surfboards provided below. Use this data to answer the following questions) , using the Standard Solver.
Stone Age Surfboards is a small manufacturer of two types of popular low-tide surfboards, the Graystone and the Lava models. The manufacturing process consists of two departments: fabrication and finishing. The fabrication department has 8 skilled workers, each of whom works
9.25 hours per day. The finishing department has 5 workers, each of whom works a 6-hour shift per day. Each pair of Graystone surfboards requires 2.5 labor hours in the fabrication department and 2 labor hours in finishing. The Lava model requires 4.2 labor-hours in fabrication and 3.6 labor-hours in finishing. The company operates 6 days a week. It makes a per unit profit of $40 on the Graystone model and $60 on the Lava model. The company anticipates selling at least twice as many Lava models as Graystone models. $\begin{array}{|l|c|c|c|c|} \hline & \text { A } & \text { B } & \text { C } & \text { D } \\\hline 1 & \text { Stone Age Surfboards } & & & \\\hline 2 & & & & \\\hline 3 & \text { Data } & & & \\\hline 4 & &{\text { Product }} & \\\hline 5 & \text { Department } & \text { Graystone } & \text { Lava } & \text { Limitation hours) } \\\hline 6 & \text { Fabrication } & 2.5 & 4.2 & 74 \\\hline 7 & \text { Finishing } & 2 & 3.6 & 30 \\\hline 8\\\hline 9 & \text { Profit/Unit } & \$ 40.00 & \$ 60.00 \\\hline 10 & & & \\\hline 11 & & & \\\hline 12 & \text { Model } & & \\\hline 13 & & \text { Graystone } & \text { Lava } \\\hline 14 & \text { Quantity Produced } & & & \text { Hours Used } \\\hline 15 & \text { Fabrication } & & & \\\hline 16 & \text { Finishing } & & & \\\hline 17 & & & & \\\hline 18 & & & & \text { Excess Lava } \\\hline 19 & \text { Market Mixture } & & & \\\hline 20 & & & & \\\hline 21 & & & & \text { Total Profit } \\\hline 22 & \text { Profit Contribution } & & & \\\hline\end{array}$
-What is the total profit generated?

• A) $ 675.68
• B) $ 920.57
• C) $ 521.74
• D) $ 788.32

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Definitions:

Unleaded Gasoline

A type of gasoline without the addition of lead compounds, used to prevent harm to the environment and public health.

Confidence Interval

An array of values, pulled from sampling data, envisioned to enclose the value of a mysterious population parameter.

Sample Size

The count of measurements or instances contained within a data sample for statistical analysis.

Confidence Level

The percentage of confidence intervals that would include the true population parameter if you drew and computed a confidence interval for many samples.