Derek, a UNCG student, has a part-time business producing bottles of specialty jams and pickles for sale at local farmers markets. He currently works 8 hours per day to produce 16 bottles. He thinks that by redesigning the bottles and switching to a pressure cooker for making the jams and jellies he can increase his total production to 20 bottles per day. What is his percentage increase in productivity? Change in productivity =1.0 bottles/hour; percent change = 0.5/2=25% Change in productivity =0.5 bottles/hour; percent change = 0.5/2=20% Change in productivity =0.5 bottles/hour; percent change = 0.5/5=10% None of the above Change in productivity =0.5 bottles/hour; percent change = 0.5/2=25% Chat Library Resources Question 65 3 pts Derek, a UNCG student, has a part-time business producing bottles of specialty jams and pickles for sale at local farmers markets. He currently works 8 hours per day to produce 16 bottles. What is his productivity? None of the above 16 bottles /4 hours =4 bottles / hour 20 bottles /8 hours =2.5 bottles / hour 20 bottles /10 hours =2 bottles / hour 16 bottles /8 hours =2 bottles / hour Triad Tech Inc is a small firm in the Piedmont Triad region of North Carolina that is focused on the assembly and sale of customized chipsets. The firm is facing stiff competition from low-priced alternatives, and is looking at various solutions to remain competitive and profitable. Current financials for the firm are shown in the table below. In the first option, marketing will increase sales by 50%. The next option is Vendor (Supplier) changes, which would result in a decrease of 10% in the cost of inputs. Finally there is an OM option, which would reduce production costs by 25%. Adopting the Marketing option would increase profit by $5000 Adopting the Marketing option would increase profit by $6250 Adopting the Marketing option would increase profit by $10000 None of the above Adopting the Marketing option would increase profit by $2500 Triad Tech Inc is a small firm in the Piedmont Triad region of North Carolina that is focused on the assembly and sale of customized chipsets. The firm is facing stiff competition from low-priced alternatives, and is looking at various solutions to remain competitive and profitable. Current financials for the firm are shown in the table below. In the first option, marketing will increase sales by 50%. The next option is Vendor (Supplier) changes, which would result in a decrease of 10% in the cost of inputs. Finally there is an OM option, which would reduce production costs by 25%. OM option would increase profit by $10000 OM option would increase profit by $6250 None of the above OM option would increase profit by $2500 OM option would increase profit by $5000