2. After increasing the number of work hours to 992 per month, the multifactor productivity = loaves/dollar (round your response to three decimal places).3. The percentage increase in productivity = (enter your response as a percentage rounded to two decimal places). Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 45% in the last year. On far toomany occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employeesuggested ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additionalmanpower. This is the only production change that will be made in order to meet the increased demand. The bakery currently makes 1,600 loaves per month. Employees are paid $8per hour. In addition to the labor cost, Charles also has a constant utility cost per month of $700 and a per loaf ingredient cost of $0.40.Current multifactor productivity for 640 work hours per month = loaves/dollar (round your response to three decimal places).

Loaves produced (Output) loaves per monthLabor Cost (Work hours x Employee cost) Utility Cost per…

Answered: Charles Lackey operates a bakery in…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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2. After increasing the number of work hours to 992 per month, the multifactor productivity = loaves/dollar (round your response to three decimal places).

3. The percentage increase in productivity = (enter your response as a percentage rounded to two decimal places).

Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 45% in the last year. On far too
many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employee
suggested ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional
manpower. This is the only production change that will be made in order to meet the increased demand. The bakery currently makes 1,600 loaves per month. Employees are paid $8
per hour. In addition to the labor cost, Charles also has a constant utility cost per month of $700 and a per loaf ingredient cost of $0.40.
Current multifactor productivity for 640 work hours per month = loaves/dollar (round your response to three decimal places).

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