B D E F G H 1 Productivity 2 Enter the output for the period and enter the amounts for each of the inputs 3 Enter the dollar amount for each unit of input. If the input is already in dollars simply enter a 1 for 4 Data Results 5 Period 1 $ per unit (optional Productivity 6 Output 7 Factor 1 #DIV/0! 8 Multifactor #VALUE! #VALUE! 9 * 1.8 Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tires per day with the following resources: Labor: 400 hours per day @ $12.50 per hour Raw material: 20,000 pounds per day @ $1 per pound Energy: $5,000 per day Capital costs: $10,000 per day a) What is the labor productivity per labor-hour for these tires at Lakefront Manufacturing? b) What is the multifactor productivity for these tires at Lakefront Manufacturing? c) What is the percent change in multifactor productivity if Fok can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs? PX