Question: Problem 2 The output of a process is valued at $117 per unit. The cost of labor is $25 per hour. Compute material cost per

Problem 2
The output of a process is valued at $117 per unit. The cost of labor is $25 per hour.
Compute material cost per week, labor cost per week and then compute both labor productivity (in units/hr)
and total productivity ( in $/$) each week.
Draw two graphs. The first will show total productivity on the Y axis and week on the x axis.
The second will similarly show labor productivity (units/hr) on the Y and weeks on the x.
In the yellow box, briefly comment on any insights from the graphs and data.
Yellow box:
week Capital Cost Energy Cost units produced Material cost/unit Labor Hours
1 5800 555 147 12 190
2 5800 546 143 12 198
3 5800 547 157 12 199
4 5800 553 150 12 196
5 5800 547 151 12 194
6 5800 553 148 12 196
7 5800 549 155 12 198
8 5800 548 148 12.5 195
9 5800 546 158 12.5 198
10 5800 556 149 12.5 197
11 5800 556 152 12.5 195
12 5800 552 157 12.5 194
13 5800 549 149 12.5 195
14 5800 546 151 12.5 197
15 5800 552 156 12.5 193
16 5800 547 148 12.5 189
17 5800 550 149 12.5 190
18 5800 543 151 12.5 186
19 5800 552 153 12.5 194
20 5800 551 162 12.5 194
21 5800 550 151 13 191
22 5800 548 157 13 187
23 5800 541 160 13 193
24 5800 544 161 13 194
25 5800 539 152 13 188
26 5800 544 164 13 188
27 5800 543 160 13 195
28 5800 538 161 13 192
29 5800 543 154 13 185
30 5800 537 166 13 185
31 5800 531 159 13 185
32 5800 542 157 13 184
33 5800 535 165 13 192
34 5800 532 155 13.5 184
35 5800 544 167 13.5 188
36 5800 539 160 13.5 191
37 7300 324 140 9.5 205
38 7300 320 147 9.5 200
39 7300 322 146 9.5 194
40 7300 324 155 9.5 185
41 7300 352 163 9.5 170
42 7300 390 163 9.5 161
43 7300 386 171 9.5 155
44 7300 397 174 9.5 153
45 7300 402 176 9.5 148
46 7300 398 173 9.5 151
47 7300 399 174 9.5 150
48 7300 403 175 9.5 153
49 7300 406 176 9.5 153
50 7300 402 165 9.5 152
51 7300 394 177 9.5 155
52 7300 400 171 9.5 155

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