Homework: 3 Chapter 1 Homework Question 4, Problem 1.14 Part 3 of 3 HW Score: 86.67%, 4.33 of Score: 0.33 of 1 Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand On far too many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the staff meeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at on the ovens be loaded by hand, requiring additional manpower. This is the only production change that will be made in order bakery currently makes 1,500 loaves per month. Employees are paid $8 per hour. In addition to the labor cost, Charles als $600 and a per loaf ingredient cost of $0.40. Current multifactor productivity for 640 work hours per month = 237 loaves/dollar (round your response to three decimal After increasing the number of work hours to 992 per month, the multifactor productivity = 0.246 loaves/dollar (round your The percentage increase in productivity =% (enter your response as a percentage rounded to two decimal places)