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. what is the total profit generated and the value of slack obtained from the answer report?

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.

Atoy store has a new game in stock, but customers aren't buying it. which of the following types of inventory increases when customers aren't buying this game? a. work-in-process b. raw materials c. finished goods d. in-transit

The upper-level managers of synergy technology are meeting for the week to look at the long-term company goals and overall direction of the organization. the ceo has expressed her concern over the economy and has told her managers to look closely at the environment outside the organization before making decisions and to be future oriented. in this meeting, top managers of synergy are