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esources Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1.200 tires per day with the following reso Labor: 425

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esources Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1.200 tires per day with the following reso Labor: 425 hours per day @$12.50 per hour Raw Material: 21,000 pounds per day @ $1.50 per pound Energy $5,250 per day Capital: $10,250 per day a) Labor productivity per labor hour for these tires = 2.82 tires/labor hour (round your response to two decimal places). b) Multifactor productivity for these tires tires/dollar (round your response to four decimal places)

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