White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $153 per unit (labor, $34; materials, $74; and overhead, $45). The sales price is $300 per unit. a. To achieve a 14 percent multifactor productivity improvement by reducing materials costs only, one needs to reduce the materials cost by 25.39 percent. (Enter your response as a percent rounded to two decimal places.) b. To achieve a 14 percent multifactor productivity improvement by reducing labor costs only, one needs to reduce the labor cost by 56.09 percent. (Enter your response as a percent rounded to two decimal places.) c. To achieve a 14 percent multifactor productivity improvement by reducing overhead costs only, one needs to reduce the overhead cost by nothing percent. (Enter your response as a percent rounded to two decimal places.)

operations managment