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 this year. Wende Brown, the owner, does not believe things have changed much, but she did invest an additional $3,000 for modifications to the bakery's ovens to make them more energy efficient. The modifications were supposed to make the ovens at least 20% more efficient. Brown has asked you to check the energy savings of the new ovens and also to look over other measures of the bakery's productivity to see if the modifications were beneficial. You have the following data to work with: Last Year Now 1,600 Production (dozen) Labor (hours) Capital Investment ($) 1,600 340 325 16,000 3.200 19,000 2,800 י TI)

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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3,200
2,800
Energy 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).
%3D
Labor productivity increase =
% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).
Transcribed Image Text:3,200 2,800 Energy 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). %3D Labor 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 this
Wende Brown, the owner, does not believe things have changed much, but she did invest an additional $3,000 for modifications to the bakery's ovens
year.
to make them more energy efficient. The modifications were supposed to make the ovens at least 20% more efficient. Brown has asked you to check the
energy savings of the new ovens and also to look over other measures of the bakery's productivity to see if the modifications were beneficial. You have the
following data to work with:
Last Year
Now
1,600
340
1,600
Production (dozen)
Labor (hours)
325
Capital Investment ($)
Energy (BTU)
19,000
2,800
16,000
3,200
Transcribed Image Text: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 this Wende Brown, the owner, does not believe things have changed much, but she did invest an additional $3,000 for modifications to the bakery's ovens year. to make them more energy efficient. The modifications were supposed to make the ovens at least 20% more efficient. Brown has asked you to check the energy savings of the new ovens and also to look over other measures of the bakery's productivity to see if the modifications were beneficial. You have the following data to work with: Last Year Now 1,600 340 1,600 Production (dozen) Labor (hours) 325 Capital Investment ($) Energy (BTU) 19,000 2,800 16,000 3,200
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