Can you explain this to me thoroughly step by step please?
Do Homework - Kelley Duvelsaint -Google Chrome https://www.mathxl.com/Student/PlayerHomework.aspx?homeworkld-513808 167&questionid=1&flushedzfalse&cld:5325011¢erwinsyes ®a K O https://www.cou MAR 3203-Supply Chain and Operations Management george 1/2 Find on page 1000/40562.5 Homework: Homework 1 (Productivity) Score: 0.67 of 1 pt Problem 1.8 Save Find study reso Q 8 of 10 (9 complete) HW Score: 86.67%, 8.67 of 10 pts Question Help 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 $5,250 per day $10,000 per day Energy Capital a) Labor productivity per labor hour for these tires 2.82 tires/labor hour (round your response to two decimal places) b) Multifactor productivity for these tires 0.0237 tires/dollar (round your response to four decimal places) c) The percent change in mult factor productivity Fok can reduce the energy bill by S950 per day without cutting production or changing any other inputs- This preview has intentionally blurred sections. Sign up to view the full version. % 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 View Full Document Enter your answer in the answer box and then click Check Answer PREVIEW LEFT All parts showing Clear All Check Answer 3:57 PM 1/18/2019
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