Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 27 Feb 2018 My Price 7.00

president of Lakefront

Lillian Fok is president of Lakefront? Manufacturing, a producer of bicycle tires. Fok makes 1,000 tires per day with the following? resources:

 

       

?Labor:

400 hours per day ?@ $12.50 per hour

Raw? Material:

20,000 pounds per day? @ 1.00 per pound

?Energy:

?$5,250 per day

?Capital:

?$10,250 per day

?a) Labor productivity per labor hour for these tires? =

?tires/labor hour ?(round your response to two decimal? places).

?b) Multifactor productivity for these tires? =

?tires/dollar ?(round your response to four decimal? places).

?c) The percent change in multifactor productivity if Fok can reduce the energy bill by

?$950 per day without cutting production or changing any other inputs? = ____%

?(enter your response as a percentage rounded to two decimal? places).

?d) The overall total input? (not reduction) for a 55?% increase in multifactor productivity? =

?(round to nearest? integer)

?Note: calculate the new multifactor productivity to four decimal places before calculating the percentage change

 

Answers

Maurice Tutor
(5)
Status NEW Posted 27 Feb 2018 06:02 PM My Price 7.00

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