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Exhibit 81
the Following Questions Pertain to the Problem and Spreadsheet

question 67

Multiple Choice

Exhibit 8.1
The following questions pertain to the problem and spreadsheet below.
A company makes products A and B from 2 resources,labor and material.The company wants to determine the selling price which will maximize profits.A unit of A costs 25 to make and demand is estimated to be 20 ? .10 * Price of A.A unit of B costs 18 to make and demand is estimated to be 30 ? .07 * Price of B.The utilization of labor and materials and the available quantity of resources is shown in the table.A reasonable price for the products is between 100 and 200.
$\begin{array}{lccc}\text { Product } & \text { A } & \text { B } & \text { Avalable resources } \\\hline \text { Labor hr/unit) } & 3 & 2 & 150 \\\text { Material ounces/unit) } & 1 & 2 & 200 \\\text { Manufacturing cost\$/unit) } & 25 & 18 & \\\text { Demand units) } & 20-.10^{*} \mathrm{P}_{1} & 30-.07^{*} \mathrm{P}_{2} &\end{array}$
Let X₁= demand for As and X₂= demand for Bs.Let P₁= price for As and P₂= price for Bs
$Exhibit 8.1 The following questions pertain to the problem and spreadsheet below. A company makes products A and B from 2 resources,labor and material.The company wants to determine the selling price which will maximize profits.A unit of A costs 25 to make and demand is estimated to be 20 ? .10 * Price of A.A unit of B costs 18 to make and demand is estimated to be 30 ? .07 * Price of B.The utilization of labor and materials and the available quantity of resources is shown in the table.A reasonable price for the products is between 100 and 200. \begin{array}{lccc} \text { Product } & \text { A } & \text { B } & \text { Avalable resources } \\ \hline \text { Labor hr/unit) } & 3 & 2 & 150 \\ \text { Material ounces/unit) } & 1 & 2 & 200 \\ \text { Manufacturing cost\$/unit) } & 25 & 18 & \\ \text { Demand units) } & 20-.10^{*} \mathrm{P}_{1} & 30-.07^{*} \mathrm{P}_{2} & \end{array} Let X1 = demand for As and X2 = demand for Bs.Let P1 = price for As and P2 = price for Bs -How much are additional units of Labor worth based on the following sensitivity report? Changing Cells Final Reduced Cell Name Value Gradient $B$4 Number to make: X1 9.42 0 $C$4 Number to make: X2 1.71 0 Constraints Final Lagrange Cell Name Value Multiplier A) 0 B) 1.21 C) 2.57 D) 9.42 $D$8 Wood 42 0 $D$9 Labor 132 1.21 $D$10 Plywood 24 2.57$
-How much are additional units of Labor worth based on the following sensitivity report?
Changing Cells
Final Reduced
Cell Name Value Gradient
$B$4 ^{Number to make: X}₁9.42 0
$C$4 ^{Number to make: X}₂1.71 0
Constraints
Final Lagrange
Cell Name Value Multiplier

Understand the requirements for a seller to be liable under the implied warranty of merchantability.

Identify the legal requirements and limitations for disclaiming warranties.

Comprehend the elements and application of the UCC warranties, including fitness for a particular purpose.

Analyze the role and limitations of advertising statements in creating express warranties.

Definitions:

Unethical

Actions or behavior that do not conform to accepted standards of moral or professional conduct.

Cause-and-Effect

An analysis that explores the reasons for a particular event or situation and the consequences that result from it.

Conventional Pattern

Established or widely recognized methods of organizing information or structuring documents that readers expect.

Cause-and-Effect

A relationship in which one event (the cause) makes another event happen (the effect), often used to explain the reason behind certain outcomes.

Exhibit 81 the Following Questions Pertain to the Problem and Spreadsheet

Definitions:

Exhibit 81
the Following Questions Pertain to the Problem and Spreadsheet