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).

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).

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter7: Planning And Goal Setting

Section: Chapter Questions

Problem 2ED

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