Exhibit 3.2 The Following Questions Are Based on This Problem and Accompanying

question 6

Multiple Choice

Exhibit 3.2
The following questions are based on this problem and accompanying Excel windows.
The Byte computer company produces two models of computers, Plain and Fancy. It wants to plan how many computers to produce next month to maximize profits. Producing these computers requires wiring, assembly and inspection time. Each computer produces a certain level of profits but faces only a limited demand. There are also a limited number of wiring, assembly and inspection hours available in each month. The data for this problem is summarized in the following table.
-Refer to Exhibit 3.2. What formula should be entered in cell E5 in the accompanying Excel spreadsheet to compute total profit?

• A) =B4*C4+B5*C5
• B) =SUMPRODUCT(B4:C4,B5:C5)
• C) =SUM(B5:C5)
• D) =SUM(E8:E10)

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Definitions:

Stock Options

These are contracts that give the holder the right to buy or sell shares of a stock at a predetermined price within a specific time period.

Option Holders

Individuals or entities that possess the rights to execute the purchase or sale of a specific asset at a specified price before the option expires.

Stock Ownership Plans

Employee benefit plans that provide workers with an ownership interest in the company through stock ownership, often aimed at improving employee motivation and loyalty.

Human Resource Management

The strategic approach to the effective management of people in a company or organization to help their business gain a competitive advantage, including hiring, training, and employee benefit design.