Question: Labor: 4 0 0 hours per day @ $ 1 2 . 0 0 per hour Raw Material: 2 0 , 0 0 0 pounds
Labor:
hours per day @ $ per hour
Raw Material:
pounds per day @$ per pound
Energy:
$ per day
Capital:
$ per day
a Labor productivity per labor hour for these tires tireslabor hour round your response to two decimal places
b Multifactor productivity for these tires tiresdollar round your response to four decimal places
c The percent change in multifactor productivity if Fok can reduce the energy bill by $ per day without cutting production changing any other inputs enter your response as a percentage rounded to two decimal places
d The overall total input not reduction for a increase in multifactor productivity round to nearest integer
Note: calculate the new multifactor productivity to four decimal places before calculating the percentage change.
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