=Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with thefollowing resources:400 hours per day @ $12.50 per hour20,000 pounds per day @ $1.00 per pound$5,250 per day$10,250 per daya) Labor productivity per labor hour for these tires =Labor:Raw Material:Energy:Capital:tires/labor hour (round your response to two decimal places).a

Productivity is the relationship between the volume of the input and output that is calculated in…

Answered: a) Labor productivity per labor hour…

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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Nas corporation's manager in the stamping department have been studying the overhead cost and the relatioship machine hours. Data from the most recent 12 months Month Overhead Machine hours January 5,030 2,730 February 1,600 600 March 7,210 3,403 April 4,560 2,200 May 6,880 3,411 June 6,520 2,586 July 6,230 3,364 August 5,570 2,411…
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Cox Electric makes electronic components and has estimated the following for a new design of one of its products. . Fixed cost-$21,000 • Material cost per unit $0.17 Labor cost per unit = $0.11 Revenue per unit $0.68 Note that fixed cost is incurred regardless of the amount produced. Per-unit material and labor cost together make up the variable cost per unit. Assuming that Cox Electric sells all that it produces, profit is calculated by subtracting the fixed cost and total variable cost from total revenue. Construct an appropriate spreadsheet model to find the profit based on a given production level and use the spreadsheet model to answer these questions. (a) Construct a one-way data table with production volume as the column input and profit as the output. Breakeven occurs when profit goes from a negative to a positive value; that is, breakeven is when total revenue the total cost, yielding a profit of zero. Vary production volume from 0 to 100,000 in increments of 10,000. In which…

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a) Labor productivity per labor hour for these tires = tires/labor hour (round your response to two decimal places).