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A hamburger factory produces 45,000 hamburgers each week. The equipment used costs $13,000 and will remain productive for four years. The labor cost per year is $12,000. a. What is the productivity measure of "units of output per dollar of input" averaged over the four- year period? Assume that there are 52 weeks per year. Round your answer to one decimal place. hamburgers/dollar Productivity: 153 b. We have the option of $15,000 equipment, with an operating life of five years. It would reduce labor costs to $9,500 per year. Should we consider purchasing this equipment (using productivity arguments alone)? Assume that there are 52 weeks per year. Round your answer for productivity to one decimal place. For the expensive machine, productivity is the productivity of the expensive machine is investment based on this single criterion. lower 187 hamburgers/dollar input. Because ,it would be a bad

A hamburger factory produces 45,000 hamburgers each week. The equipment used costs $13,000 and will remain productive for four years. The labor cost per year is $12,000. a. What is the productivity measure of "units of output per dollar of input" averaged over the four- year period? Assume that there are 52 weeks per year. Round your answer to one decimal place. hamburgers/dollar Productivity: 153 b. We have the option of $15,000 equipment, with an operating life of five years. It would reduce labor costs to $9,500 per year. Should we consider purchasing this equipment (using productivity arguments alone)? Assume that there are 52 weeks per year. Round your answer for productivity to one decimal place. For the expensive machine, productivity is the productivity of the expensive machine is investment based on this single criterion. lower 187 hamburgers/dollar input. Because ,it would be a bad

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A hamburger factory produces 45,000 hamburgers each week. The equipment used costs $13,000 and will remain productive for four years. The labor cost per year is $12,000. a. What is the productivity measure of "units of output per dollar of input" averaged over the four- year period? Assume that there are 52 weeks per year. Round your answer to one decimal place. hamburgers/dollar Productivity: 153 b. We have the option of $15,000 equipment, with an operating life of five years. It would reduce labor costs to $9,500 per year. Should we consider purchasing this equipment (using productivity arguments alone)? Assume that there are 52 weeks per year. Round your answer for productivity to one decimal place. For the expensive machine, productivity is the productivity of the expensive machine is investment based on this single criterion. lower 187 hamburgers/dollar input. Because it would be a bad
Transcribed Image Text:A hamburger factory produces 45,000 hamburgers each week. The equipment used costs $13,000 and will remain productive for four years. The labor cost per year is $12,000. a. What is the productivity measure of "units of output per dollar of input" averaged over the four- year period? Assume that there are 52 weeks per year. Round your answer to one decimal place. hamburgers/dollar Productivity: 153 b. We have the option of $15,000 equipment, with an operating life of five years. It would reduce labor costs to $9,500 per year. Should we consider purchasing this equipment (using productivity arguments alone)? Assume that there are 52 weeks per year. Round your answer for productivity to one decimal place. For the expensive machine, productivity is the productivity of the expensive machine is investment based on this single criterion. lower 187 hamburgers/dollar input. Because it would be a bad
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