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Charles Lackey operates a bakery in Idaho Falls, Idaho of their choice. Because of its excellent product. and excellent location, demand has increased by 45%

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Charles Lackey operates a bakery in Idaho Falls, Idaho of their choice. Because of its excellent product. and excellent location, demand has increased by 45% 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, new ovens can be added. At a staff meeting, process that the ovens so that more loaves of bread can be baked at one time. that will the ovens be loaded by hand. requiring manpower. This is the only production change additional be made in order to meet the increased demand. The per month. Employees are paid $8 per hour. In addition to the labor currently makes Less per loaf ingredient cost of cost, Charles also has a constant utility cost per of $500 and a ingredient $0.50. Current multifactor productivity for 640 work loaves/dollar (round your response to hours per month 249 three decimal places). .255 loaves dollar After increasing the number of work hours to 928 per month, the multifactor productivity (round your response to three decimal places). The percentage increase in productivity 2.41 (enter your as a percentage rounded to two response decimal places). 24 6, 420 60

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