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Boehring University has calculated its fixed costs at 31, 000 Euros per department. The University's budget provides for these costs to be covered by increasing the number of students per class to 60. Staff costs remain constant at 4000 Euros per class. The cost of materials amounts to 20 Euros per student per course. Tuition fees amount to EUR 100 per credit unit, which is also subsidized by additional state aid of EUR 100 per credit unit. Wanted 1.The overall productivity of the University. 2.If teachers work 16 hours per week for 16 weeks, calculate the labour productivity.

Boehring University has calculated its fixed costs at 31, 000 Euros per department. The University's budget provides for these costs to be covered by increasing the number of students per class to 60. Staff costs remain constant at 4000 Euros per class. The cost of materials amounts to 20 Euros per student per course. Tuition fees amount to EUR 100 per credit unit, which is also subsidized by additional state aid of EUR 100 per credit unit. Wanted 1.The overall productivity of the University. 2.If teachers work 16 hours per week for 16 weeks, calculate the labour productivity.

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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Boehring University has calculated its fixed costs at 31, 000 Euros per department. The University's budget provides for these costs to be covered by increasing the number of students per class to 60. Staff costs remain constant at 4000 Euros per class. The cost of materials amounts to 20 Euros per student per course. Tuition fees amount to EUR 100 per credit unit, which is also subsidized by additional state aid of EUR 100 per credit unit. Wanted 1.The overall productivity of the University. 2.If teachers work 16 hours per week for 16 weeks, calculate the labour productivity.
Transcribed Image Text:Boehring University has calculated its fixed costs at 31, 000 Euros per department. The University's budget provides for these costs to be covered by increasing the number of students per class to 60. Staff costs remain constant at 4000 Euros per class. The cost of materials amounts to 20 Euros per student per course. Tuition fees amount to EUR 100 per credit unit, which is also subsidized by additional state aid of EUR 100 per credit unit. Wanted 1.The overall productivity of the University. 2.If teachers work 16 hours per week for 16 weeks, calculate the labour productivity.
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