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Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1 comma 0001,000 tires per day with the following resources: Labor:
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes
1 comma 0001,000
tires per day with the following resources:
Labor: | 400400 hours per day @$12.5012.50 per hour |
Raw Material: | 21 comma 00021,000 pounds per day @$1.001.00 per pound |
Energy: | $5 comma 2505,250 per day |
Capital: | $10 comma 00010,000 per day |
a) Labor productivity per labor hour for these tires =
nothing
tires/labor hour (round your response to two decimal places).
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