Question: 9 7 0 3 1 2 0 2 4 # 1 Chain Management H i Janie Slominskiv Sign Out Midterm Exam Practice ( Optional )

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Chain Management
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Midterm Exam Practice (Optional)
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ain Management
Janie Slominski
01/31/2411:02 PM
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Alyssa's Custom Cakes currently sells 5 birthday, 1 wedding, and 3 specialty cakes each month for $55,$150, and $100 each, respectively. Alyssa's current multifactor productivity ratio is 1.30.
a. Assuming each cake costs the same to make, the average cost to produce a cake is $ per cake. (Enter your response rounded to two decimal places.)
b. If the cost of labor is $55 per hour (including benefits) and it takes 90 minutes to produce a birthday cake, 240 minutes to produce a wedding cake, and 60 minutes to produce a specialty cake, what is Alyssa's labor productivity ratio in dollars per hour for each type of cake?
Alyssa's labor productivity ratio for birthday cakes is $ per hour. (Enter your response rounded to two decimal places.)
Alyssa's labor productivity ratio for wedding cakes is $ per hour. (Enter your response rounded to two decimal places.)
Alyssa's labor productivity ratio for specialty cakes is $ per hour. (Enter your response rounded to two decimal places.)
c. Based on the labor productivity ratio in dollars per hour, the cakes that Alyssa should be trying to sell more of are cakes.
d. Based on the given multifactor productivity ratio of 1.30 and the determined average cost to produce a cake, the type of cake that Alyssa should definitely stop selling is cakes
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 970312024#1 Chain Management Hi Janie Slominskiv Sign Out Midterm Exam Practice

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