# help

In your socks assignment, create 5 scenarios, in which your hourly pay rate and the socks per hour change:
the current "child labor" scenario (\$0.25 per hour, 4 socks per hour)
"GM employees " (\$63,6)
"McDonalds employees" (\$8,8)
"Philippinos" (\$3,30)
We need mroe information on what labor costs we can sustain. Please use goal seel to produce a \$ 300,000 profit by changing the \$ per hour we pay for our labor; the
n set that back to \$.025, and change the socks per hour that get produced. How many socks per week do we need the foreign children to produce, to give us the \$ 300,000 profit that we selected?
Use the third what if option in your socks spreadsheet - data table.
Prepare a data table showing the profit you will have if the socks per hour (the column variable) is 4, 2, 1, or 0.5; and the pay per hour (the row variable) is \$0.25, \$5, \$30, and \$63

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1. What in heaven's name are you talking about?

socks assignment?
goal seel?
foreign children?

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2. i believe she meant to type stocks not socks lol and it looks like an assignment....textbook would definitely come in handy :)

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posted by Jen

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