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Lakefront Manufacturing! b) What is the multifactor productivity for these tires at demand h occasions Lakefront Manufacturing? c) What is the percent change in multifactor

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Lakefront Manufacturing! b) What is the multifactor productivity for these tires at demand h occasions Lakefront Manufacturing? c) What is the percent change in multifactor productivity if Fok teir choi added. A the ovens can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs? Px .1.9 Brown's, a local bakery, is worried about increased ne lime by hand costs-particularly energy. Last year's records can provide a fairly good estimate of the parameters for this year. Wende to be ch labor 160 hou Brown, the owner, does not believe things have changed much, but she did invest an additional S3,000 for bakery's ovens to make them more energy efficient. The modifi- cations were supposed to make the ovens at least 15% more effi- cient. Brown has asked you to check the energy savings of the new ovens and also to look over other measures of the bakery's productivity to see if the modifications were beneficial. You have the following data to work with: workers modifications to the .. 1.13 for em by pur of $10 ncrea better a) Sh in increa LAST YEAROW Production (dozen)1,500 Labor (hours) Capital investment (S)15,000 Energy (BTU) 1,500 325 18,000 350 b) Sh in 3,000 2,750 Px c) S hou not pro or to

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