Question
Charles Lackey operates a bakery in Idaho Falls , Idaho . Because of its excellent product and excellent location , demand has increased by 35
Charles Lackey operates a bakery in Idaho Falls , Idaho . Because of its excellent product and excellent location , demand has increased by 35 % in the last year . On far too many occasions , customers have not been able to purchase the bread of their choice . Because of the size of the store , no new ovens can be added At a staff meeting , one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time . This new process will require that the ovens be loaded by hand , requiring additional manpower . This is the only production change that will be made in order to meet the increased demand . The bakery currently makes 1,600 loaves per month . Employees are paid $8 per hour . In addition to the labor cost Charles also has a constant utility cost per month of 750 and a per loaf ingredient cost of 0.40
current multifactor productivity for 640 works per month= ? loaves/ dollar round answer to theee decimal places
after increasing the number of work hours to 864 per month the multifactor production = ? round to three decimal places
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