Consider the spreadsheet for Stone Age Surfboards provided below. Use this data
ID: 383413 • Letter: C
Question
Consider the spreadsheet for Stone Age Surfboards provided below. Use this data to answer the following question(s), 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.
1.-Due to decreasing profits, if the production of Graystone surfboards is stopped, compute the total profit the firm can earn.
$521.74
$423.91
$500.00
$489.13
$521.74
$423.91
$500.00
$489.13
1Stone Age Surfboards 3 Data Product 5 Department 6 Fabrication 7 Finishin Graystone Lava 2.5 4.2 3.6 Limitation (hours) 74 30 9 Profit/Unit S40.00 $60.00 12Model Graystone Lava ntity Produced Hours Used 14 15 Fabrication 16Finishin 17 Excess Lava 19 Market Mixture 20 21 22 Profit Contribution Total ProfitExplanation / Answer
a-d 489.13 AS TOTAL MAN HOUR REQUIRED FOR LAVA PER UNIT IN FABRICATION IS 4.2HR.
AND FINISHING 3.6HR MAN HOUR. TOTAL MAN HOURSFOR FABRICATION IS 444 MAN HOURS SO TOTAL FABRICATED APPROX 106.WHILE TOTAL MAN HOUR FOR FINISHING IS 180 MAN HOURS SO TOTAL FINISHED LAVA PRODUCT COULD ONLY BE 50 UNITS . SO MAXIMUM PROFITS WILL BE 3000 , SO BENEFIT WILL BE 489.13 APROX