An ARENA program was run to estimate the average cost of running a production line. $8$ replications were performed. Statistics were collected on a number

of parameters. The results are displayed in the table below. The holding cost is $$1\mathrm{.}2$ per part per minute. The net revenue $($price minus material cost minus

overhead cost$)$ obtained from selling each part is $75$ cents. Assume that all parts are sold. There are $5$ operators in the system and each operator is paid at the

rate of $$25$ per hour. Assume that profits are computed on a unit$-$time basis as net revenues minus holding costs minus labor costs.

The profits in dollars per minute are approximately

$76\mathrm{.}85$

$18\mathrm{.}85$

None of the other choices

$62\mathrm{.}00$