Energy productivity increase =% (Enter your response as a percentage rounded to two decimai 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) Labour productivity increase =% (Enter your response as a percentage rounded to two decimal places and include a minus sign if necessary.) !!

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 21P
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Sawyer's, a local bakery, is worried about increased costs-particularly energy. Last year's records provide a fairly good estimate of the parameters for this year. Judy Sawyer, the owner, does not believe things have changed much,
but she did invest an additional $3,000 for modifications to the bakery's ovens to make them more energy efficient. The modifications were supposed to make the ovens at least 15% more efficient. Sawyer has asked you to check the
energy savings of the new ovens and also to look over other measures of the bakery's productivity to see if the modifications were beneficial. You have the following data to work with.
Last Year
Now
Production (dozen)
Labour (hours)
Capital Investment ($)
Energy (BTU)
1,500
1,500
350
325
15,000
18,000
3.000
2,750
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.)
Labour productivity increase =
% (Enter your response as a percentage rounded to two decimal places and include a minus sign if necessary.)
Transcribed Image Text:Sawyer's, a local bakery, is worried about increased costs-particularly energy. Last year's records provide a fairly good estimate of the parameters for this year. Judy Sawyer, the owner, does not believe things have changed much, but she did invest an additional $3,000 for modifications to the bakery's ovens to make them more energy efficient. The modifications were supposed to make the ovens at least 15% more efficient. Sawyer has asked you to check the energy savings of the new ovens and also to look over other measures of the bakery's productivity to see if the modifications were beneficial. You have the following data to work with. Last Year Now Production (dozen) Labour (hours) Capital Investment ($) Energy (BTU) 1,500 1,500 350 325 15,000 18,000 3.000 2,750 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.) Labour productivity increase = % (Enter your response as a percentage rounded to two decimal places and include a minus sign if necessary.)
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