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Carf's Carpet Cleaning Company is searching for ways to become more productive in its carpet cleaning process. He has invested in new equipment and has also been experimenting with new cleaning solution recipes in order to lower costs and improve quality. Carl plans to iron out all the bugs in his improved process so that he can grow his company by franchising. The table below gives information on the last two months of carpet cleaning jobs with the most recent month showing the results after these changes were made Outputs/ Inputs Price/Cost per Unit ($) Two Months Back Last Month Carpets Cleaned $99 69 80 Labor (hours) $12.25 180 170 Solution (gallons) $9.99 120 92 What was the two-months-ago single-factor productivity for Carl's Carpet Cleaning in terms of labor dollars? In other words, for every dollar spent on labor, how many dollars of sales would they obtain? (Display your answer to two decimal places.) From two months ago to last month, by what percentage did Carl's productivity increase or decrease in terms of solution (gallons and number of carpets cleaned, not revenue dollars)? . Write your answer as a percentage. . • Display your answer to two decimal places. What was last month's multi-factor productivity (not two months ago) for Carf's Carpet Cleaning in terms of dollars? (In other words, how many dollars of revenue did each dollar of inputs produce?) (Display your answer to two decimal places) By what percentage did Carts Carpet Cleaning multi-factor productivity improve, in terms of dollars, from two months ago to last month? (Write your answer as a percentage, and display your answer to two decimal places.) % Carf's Carpet Cleaning Company is searching for ways to become more productive in its carpet cleaning process. He has invested in new equipment and has also been experimenting with new cleaning solution recipes in order to lower costs and improve quality. Carl plans to iron out all the bugs in his improved process so that he can grow his company by franchising. The table below gives information on the last two months of carpet cleaning jobs with the most recent month showing the results after these changes were made Outputs/ Inputs Price/Cost per Unit ($) Two Months Back Last Month Carpets Cleaned $99 69 80 Labor (hours) $12.25 180 170 Solution (gallons) $9.99 120 92 What was the two-months-ago single-factor productivity for Carl's Carpet Cleaning in terms of labor dollars? In other words, for every dollar spent on labor, how many dollars of sales would they obtain? (Display your answer to two decimal places.) From two months ago to last month, by what percentage did Carl's productivity increase or decrease in terms of solution (gallons and number of carpets cleaned, not revenue dollars)? . Write your answer as a percentage. . • Display your answer to two decimal places. What was last month's multi-factor productivity (not two months ago) for Carf's Carpet Cleaning in terms of dollars? (In other words, how many dollars of revenue did each dollar of inputs produce?) (Display your answer to two decimal places) By what percentage did Carts Carpet Cleaning multi-factor productivity improve, in terms of dollars, from two months ago to last month? (Write your answer as a percentage, and display your answer to two decimal places.) %
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To calculate the singlefactor productivity for labor dollars we divide the total revenue generated b... View the full answer
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Managing Business Ethics Making Ethical Decisions
ISBN: 9781506388595
1st Edition
Authors: Alfred A. Marcus, Timothy J. Hargrave
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