Wright Manufacturing
Wright Manufacturing Makes Picnic Tables in Three Sizes

question 63

Multiple Choice

Wright Manufacturing
Wright Manufacturing makes picnic tables in three sizes: small, medium, and large. The picnic tables can be sold with or without a finishing stain. The following information is available for each table:
$\begin{array}{lrrr}&\text { Small }& \text { Medium } & \text { Large }\\\text { Initial sales price } & \$ 60 & \$ 100 & \$ 1 / 5 \\\text { Initial cost } & 20 & 40 & 55 \\\text { Sales price after staining } & 70 & 125 & 210 \\\text { Cost of staining } & 11 & 15 & 20 \\& & & \\\text { Number sold per month } & 100 & 300 & 175\end{array}$
-What is the maximum amount that net income could increase each month with further processing?

• A) $81 125
• B) $ 5525
• C) $82 125
• D) $ 5625

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Definitions:

50th Percentile

A statistical measure indicating the value below which 50% of the data points in a data set fall.

Distribution

In statistics, distribution refers to the way in which values of a variable are spread or dispersed across possible values.

Median

In statistics, the median is the value separating the higher half from the lower half of a data sample, a population, or a probability distribution.

Distribution

In statistics, the way in which values of a variable are spread or dispersed across a range, often visualized through a graph.