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Wonder-Tire Service completed 200 tire changes, 10 brake jobs, and 24 alignments in an 10- hour day with a crew of eight specialists. A brake specialist costs $14 per hour, a tire changer costs $6 per hour, and an alignment mechanic costs $16 per hour. The materials cost for a day was $2200, and overhead cost was $600. a. What is the shop’s labor productivity if the retail price for each respective service is $70, $160, and $60? b. What is the multifactor productivity, if the crew consisted of two tire changers, 3 brake specialists and 2 alignment mechanics ?

Wonder-Tire Service completed 200 tire changes, 10 brake jobs, and 24 alignments in an 10- hour day with a crew of eight specialists. A brake specialist costs $14 per hour, a tire changer costs $6 per hour, and an alignment mechanic costs $16 per hour. The materials cost for a day was $2200, and overhead cost was $600. a. What is the shop’s labor productivity if the retail price for each respective service is $70, $160, and $60? b. What is the multifactor productivity, if the crew consisted of two tire changers, 3 brake specialists and 2 alignment mechanics ?

Practical Management Science
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...
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Wonder-Tire Service completed 200 tire changes, 10 brake jobs, and 24 alignments in an 10-
hour day with a crew of eight specialists. A brake specialist costs $14 per hour, a tire changer
costs $6 per hour, and an alignment mechanic costs $16 per hour. The materials cost for a day
was $2200, and overhead cost was $600.
a. What is the shop’s labor productivity if the retail price for each respective service is $70,
$160, and $60?
b. What is the multifactor productivity, if the crew consisted of two tire changers, 3 brake
specialists and 2 alignment mechanics ?

1. Wonder-Tire Service completed 200 tire changes, 10 brake jobs, and 24 alignments in an 10- hour day with a crew of eight specialists. A brake specialist costs $14 per hour, a tire changer costs $6 per hour, and an alignment mechanic costs $16 per hour. The materials cost for a day was $2200, and overhead cost was $600. a. What is the shop's labor productivity if the retail price for each respective service is $70, S160, and $60? b. What is the multifactor productivity, if the crew consisted of two tire changers, 3 brake specialists andd 2 alignment mechanics ? 2. An educational institution has total direct labor and material costs of $1964 per student. Its fixed costs are $352,800. Total revenues for the year were $1,800,000 It had 800 students in the past year. How many students should they accept in the next year to break even assuming the variable cost margins are equal to this year and assuming fixed costs are to increase by $19,000 due to increased rent for expansion? (round to the nearest whole number).
Transcribed Image Text:1. Wonder-Tire Service completed 200 tire changes, 10 brake jobs, and 24 alignments in an 10- hour day with a crew of eight specialists. A brake specialist costs $14 per hour, a tire changer costs $6 per hour, and an alignment mechanic costs $16 per hour. The materials cost for a day was $2200, and overhead cost was $600. a. What is the shop's labor productivity if the retail price for each respective service is $70, S160, and $60? b. What is the multifactor productivity, if the crew consisted of two tire changers, 3 brake specialists andd 2 alignment mechanics ? 2. An educational institution has total direct labor and material costs of $1964 per student. Its fixed costs are $352,800. Total revenues for the year were $1,800,000 It had 800 students in the past year. How many students should they accept in the next year to break even assuming the variable cost margins are equal to this year and assuming fixed costs are to increase by $19,000 due to increased rent for expansion? (round to the nearest whole number).
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