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A variety of robots have beon featured at the National Restaurant Show that can be used for a varioty of tasks in restaurants. These robots

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A variety of robots have beon featured at the National Restaurant Show that can be used for a varioty of tasks in restaurants. These robots wore introduced at the same time that an ongoing debato ensued in the Uniled Stales about the ments of a national minimum wage of $14 per hour for overy worker. (1) (Click the icon to view addibional informationt) Read the requirements: Requirement 1. What would the paybeck period be on a Burger Universe robot used for food preparabion? (Round your answer to hro decimal places.) More info Requirements A former Burger Universe USA CEO, John Rawleigh, said that purchaving a $37,000 robotic arm would be cheaper than paying fast-food workers 514 per hour for food preparation tasks like bagging french fries. To test the former CEO's asserfion using a hypochetical example, make the following assumptions: a. For the cost of the hourly workers, use a fotal wage rate of $17 per hour to reflect payroli taxes (the houdy wage rato used here is higher than $14 since paytoll tweses can add 15% or moce to the hourly wage nate). b. Assume that freight and installation for the robof's inilial phcement in a Burper Universe restarant will be a one-time cost of $,800. c. The robot will require annual maintenance sarvice. Assume an annual service contract is required that costs 10% of the original robot cost induding the original freighy/intalation. d. Astume that the robot will replace 13 employee hours per day, 360 days per year the robot will not, at leant initialy, be as versatle as a peron and cannot Ally oiminate al food prep worknns at this poind -. Electricty and supplies tonsumied by the robot will be assumed to be 51,600 peryear

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