7 Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tires per day with the following resources:D425 hours per day @ $12.00 per hour21,000 pounds per day @ $1.00 per pound$5,250 per day$10,000 per daya) Labor productivity per labor hour for these tires= 2.35 tires/labor hour (round your response to two decimal places).b) Multifactor productivity for these tires= 0.0243 tires/dollar (round your response to four decimal places).c) The percent change in multifactor productivity if Fok can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs =% (enteryour response as a percentage rounded to two decimal places).Note: calculate the new multifactor productivity to four decimal places before calculating the percentage change.LaborRaw Material:Energy:Capital:

Unit produced (Output) = 1,000 tires per dayLabor hours per day = 425 hours per day @Labor Rate…

Answered: Lillian Fok is president of Lakefront…

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...

See similar textbooks

Similar questions

Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tires per day with the following resources: 425 hours per day @ $12.00 per hour 21,000 pounds per day @ $1.50 per pound $5,000 per day $10,250 per day a) Labor productivity per labor hour for these tires = 2.35 tires/labor hour (round your response to two decimal places). b) Multifactor productivity for these tires= 0.0193 tires/dollar (round your response to four decimal places). c) The percent change in multifactor productivity if Fok can reduce the energy bill by $950 per day without cutting production or changing any other inputs =% (enter your respons as a percentage rounded to two decimal places). Note: calculate the new multifactor productivity to four decimal places before calculating the percentage change. ideo Labor: Raw Material: Energy: Capital: Get more help - O 3 O U D 2 Clear all ✪ Check answer Jan 12 1:27 0
1.9 David Upton is president of Upton Manufacturing, a producer of Go-Kart tires. Upton makes 1,000 tires per day with the following resources: 400 hours per day @ $12.50 per hour 20,000 pounds per day @ $1 per pound $5,000 per day $10,000 per đay Labor: Raw material: Energy: Capital costs: a) What is the labor productivity per labor-hour for these tires at Upton Manufacturing? b) What is the multifactor productivity for these tires at Upton Manufacturing? c) What is the percent change in multifactor productivity if Upton can reduce the energy bill by $1,000 per day without cutting pro- duction cr changing any other inputs? K
Please do not give solution in image format
= Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: 400 hours per day @ $12.50 per hour 20,000 pounds per day @ $1.00 per pound $5,250 per day $10,250 per day a) Labor productivity per labor hour for these tires = Labor: Raw Material: Energy: Capital: tires/labor hour (round your response to two decimal places). a
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: Labor: 400 hours per day @ $12.00 per hour 20,000 pounds per day @ $1.50 per pound $5,250 per day $10,250 per day Raw Material: Energy: Capital: a) Labor productivity per labor hour for these tires = tires/labor hour (round your response to two decimal places). b) Multifactor productivity for these tires tires/dollar (round your response to four decimal places). %3D
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: Labor: Raw Material: Energy: Capital: 425hours per day @ $12.00 per hour 21,000pounds per day @ $1.50 per pound $5,250 per day $10,000 per day a) Labor productivity per labor hour for these tires = tires/labor hour (round your response to two decimal places). b) Multifactor productivity for these tires = response to four decimal places). tires/dollar (round your c) The percent change in multifactor productivity if Fok can reduce the energy bill by $950 per day without cutting production or changing any other inputs =% (enter your response as a percentage rounded to two decimal places). Note: calculate the new multifactor productivity to four decimal places before calculating the percentage change.
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: D 400 hours per day @$12.00 per hour 21,000 pounds per day @ $1.00 per pound $5,250 per day $10,250 per day a) Labor productivity per labor hour for these tires = 3 tires/labor hour (round your response to two decimal places). b) Multifactor productivity for these tires= 0.0291 tires/dollar (round your response to four decimal places). c) The percent change in multifactor productivity if Fok can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs = % (enter your response as a percentage rounded to two decimal places). Note: calculate the new multifactor productivity to four decimal places before calculating the percentage change. Labor: Raw Material: Energy: Capital:
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: Labor: 425 hours per day @ $ 12.50 per hour Raw Material: 20,000 pounds per day @ $ 1.50 per pound Energy: $ 5,000 per day Capital: $ 10,250 per day a) Labor productivity per labor hour for these tires = enter your response here tires/labor hour (round your response to two decimal places). b) Multifactor productivity for these tires = enter your response here tires/dollar (round your response to four decimal places). c) The percent change in multifactor productivity if Fok can reduce the energy bill by $ 1,000 per day without cutting production or changing any other inputs = enter your response here % (enter your response as a percentage rounded to two decimal places).…
Hokey Min's Kleen Karpet cleaned 65 rugs in October, consuming the following resources: 520 hours at $17 per hour 125 gallons at $5 per gallon 22 days at $75 per day a) Labor productivity per dollar = 0.0074 rugs/dollar (round your response to four decimal places). b) Multifactor productivity = rugs/dollar (round your response to four decimal places). Labor: Solvent: Machine Rental:
Lillian Folk is president of Lakefront Manufacturing, a producer of bicycle tires. Folk makes 1,200 tires per day with the following resources: Labor: 425 hours per day @ $12.50 per hour Raw Material: 20,000 pounds per day @ $1.00 per pound Energy: $5,000 per day Capital: $10,000 per day Labor productivity per labor hour for these tires = ___ tires/labor hour (round your response to two decimal places).
okey Min's Kleen Karpet cleaned 85 rugs in October, consuming the following resources: Labor: 520 hours at $17 per hour Solvent: 125 gallons at $8 per gallon Machine Rental: 24 days at $75 per day a) Labor productivity per dollar = nothing rugs/dollar (round your response to four decimal places) b) Multifactor productivity = Rugs/dollar (round your response to four decimal places)
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: Labor: 425 hours per day @ $12.50 per hour Raw Material: 21,000 pounds per day @ $1.00 per pound Energy: $5,250 per day Capital: $10,250 per day Part 2 a) Labor productivity per labor hour for these tires = ?tires/labor hour (round your response to two decimal places). Part 3 b) Multifactor productivity for these tires = ?tires/dollar (round your response to four decimal places).

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS