Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

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. What is the value of slack obtained from the answer report?

a. 46.78

b. 38.46

c. 23.85

d. 59.24

2. What is the allowable increase for lava surfboards produced?

a. 18

b. 30

c. 24

d. 12

3. What is the allowable decrease for Graystone surfboards produced?

a. 6.67

b. 12.33

c. 30.74

d. 80

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Information Technology Auditing

Authors: James A. Hall

4th edition

1133949886, 978-1305445154, 1305445155, 978-1133949886

More Books

Students also viewed these General Management questions

Question

=+d) Which mutual fund would you invest in and why?

Answered: 1 week ago