a) Labor productivity per labor hour for these tirestires/labor hour (round your response to two decimal places).%3Db) Multifactor productivity for these tires =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 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:Labor:400 hours per day @ $12.00 per hour20,000 pounds per day @ $1.50 per pound$5,250 per day$10,250 per dayRaw 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 tirestires/dollar (round your response to four decimal places).%3D

Productivity is a ratio of the output volume and the volume of inputs. It calculates how efficiently…

Answered: a) Labor productivity per labor hour…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter4: Linear Programming Models

Section4.8: Data Envelopment Analysis (dea)

Problem 42P

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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).
Pak Andi is a director of a cake factory in the Bekasi area. To produce 900 cakes per day it takes the following things: Labor 300 hours per day @ $ 96 per hour Raw material 3 tons per day @ $ 2 per kg Energy $ 10,000 per day Capital cost $ 5,000 per day a. What is the labor productivity per labor-hour for the production of cakes at the factory?b. What is the multifactor productivity for cake production at the factory?c. If Mr. Andi wants to increase his production to 1,500 cakes per day without changingother variables, what is the productivity now?
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1. A small furniture shop that focuses on making kitchen chairs produces 20,000 kitchen chairs annually. The shop is considering purchasing a new sanding machine; the machine will enable the workers to produce 30,000 chairs annually. Should the furniture shop proceed with the purchase of the new machine? a. Yes, the new machine would increase the labor productivity by 25%. b. Yes, the new machine would increase the labor productivity by 50%. c. No, the new machine would decrease the labor productivity by 50%. d. No, the new machine would increase the labor productivity by 25%. 2. Recently, Samsung released their latest flagship product, the S20. Which of the following best describes this technological development? a. General Purpose Technology b. New Invention c. Product Innovation d. Process Innovation 3. Moss is a casual video gamer. He is always curious on how do bots work in video games and how are they designed. Bots…
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An air-conditioner factory makes three different types of air-conditioners: the ceiling type, the cassette type and the wallmounted type. Weekly sales of each type are 2, 4 and 6 pieces, at a price of €350, €450, and €500 each, respectively. The ceiling type can be assembled in 1.5 hours, the cassette type in 1 hour and the wall-mounted type in 45 minutes. Labour cost is €40 per hour and the current factory’s multi factor productivity is 2.2.a) Calculate the average cost per air-conditioner based on currentmultifactor productivityb) Calculate labor productivity (in euro per hour) for each typeof air-conditionc) Where the company should focus its efforts, based (i) on thelabor productivity, and (ii) on average cost?

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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