3,2002,800Energy productivity increase =% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).Capital productivity increase =%(enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).%3DLabor productivity increase =% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary). Brown's, a local bakery, is worried about increased costs particularly energy. Last year's records can provide a fairly good estimate of the parameters for thisWende Brown, the owner, does not believe things have changed much, but she did invest an additional $3,000 for modifications to the bakery's ovensyear.to make them more energy efficient. The modifications were supposed to make the ovens at least 20% more efficient. Brown has asked you to check theenergy savings of the new ovens and also to look over other measures of the bakery's productivity to see if the modifications were beneficial. You have thefollowing data to work with:Last YearNow1,6003401,600Production (dozen)Labor (hours)325Capital Investment ($)Energy (BTU)19,0002,80016,0003,200

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Answered: Brown's, a local bakery, is worried…

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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