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Energy (BTU) 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) Labor productivity increase=% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary) 3,000

Energy (BTU) 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) Labor productivity increase=% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary) 3,000

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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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 Production (dozen) Labor (hours) Capital Investment (5) Energy (BTU) Last Year 1,600 340 15,000 3,000 Now 1,600 320 18,000 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) Labor productivity increase=% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).
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 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 Production (dozen) Labor (hours) Capital Investment (5) Energy (BTU) Last Year 1,600 340 15,000 3,000 Now 1,600 320 18,000 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) Labor productivity increase=% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).
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