Lillian Fok is president of Lakefront Manufacturing. a producer of bicycles of bicycle tires. Fok makes...
Lillian Fok is president of Lakefront Manufacturing. a producer of bicycles of bicycle tires. Fok makes 1,000 tires per day with the following
Labor: 425 hours per day @ $12.50 per hours
Raw material: 21,000 pounds per day @ $1.50 per pound
Energy: $5,000 per day
Capital: $10,000 per day
(2 part question)
A) Labor productivity per labor hour for these tires = ____? tires/labor hour (round the nearest decimal)
Homework Answers
Labor Productivity = Units of Output / Units of Input = 1000 units / 425 hours = 2.35 units per hour or 2.35/ 12.50= 0.19 units per dollar
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Lillian Fok is president of Lakefront Manufacturing. a producer
of bicycles of bicycle tires. Fok makes...
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1000 tires...
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1000 tires per day with the following resources: Labor: 425 hours per day @ $12.00 per hour Raw Material: 21,000 pounds per day @ $1.00 per pound Energy: $5250 per day Capital: $10000 per day c) The percent change in multifactor productivity if Fok can reduce the energy bill by $1000 per day without cutting production or changing any other inputs = ___ % (enter...
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources
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Lilian Fok is president of Lakefront Manufacturing, a producer of bicycle tites Fok makes 1,000 tires per day with the following resources: Labor 400 hours per day @ $12.50 per hour Raw Material 21,000 pounds per day @ 51,00 per pound Energy 55,000 per day Capital $10,000 per day a) Labor productivity per labor hour for these tires = 2.5 tires/labor hour (round your response to two decimal places). b) Multifactor productivity for these tires = 0.0244 tires/dollar (round your...
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follows
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and administrative expense budget, schedule of cash receipts,
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