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David Upton is president of Upton Manufacturing, a producer of Go - Kart tires. Upton makes 1 , 2 0 0 tires per day with
David Upton is president of Upton Manufacturing, a producer of GoKart tires. Upton makes tires per day with the following resources.
Labour:
Raw Material:
Energy:
Capital:
hours per day @ $ per hour
pounds per day @$ per pound
$ per day
$ per day
a Labour productivity per labour hour for these tires tireslabour hour. Round your response to two decimal places.
b Multifactor productivity for these tires tiresdollarRound your response to four decimal places.
c The percent change in multifactor productivity if Upton can reduce the energy bill by $ per day without cutting production or changing any other inputs Enter your response as a percentage rounded to two decimal places.
Note: Calculate the new multifactor productivity to four decimal places before calculating the percentage change.
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