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Normal No Spacing Harrison House, a local restaurant, is worried about increased costs particularly energy. Last year's records can provide a fairly good estimate
Normal No Spacing Harrison House, a local restaurant, is worried about increased costs particularly energy. Last year's records can provide a fairly good estimate of the parameters for this year. Mr Harrison, the owner, does not believe things have changed much, but he did invest an additional $8,000 for modifications to the restaurnat's ovens to make them more energy efficient. The modifications were supposed to make the ovens at least 13% more efficient. Mr. Harrison has asked you to check the energy savings of the new ovens and also to look over other measures of the restaurant's productivity to see if the modifications were beneficial. You have the following data to work with: Last Now Year Production 4,000 4,400 (dozen) Labor (hours) 640 660 Capital ($) Investment 20,000 38,000 Energy (BTU) 5000 5200 Calculate the productivities. Include the Units (9 points) Labor Productivity Capital Productivity Last Year Now Energy Productivity (2 points) What is the energy productivity increase or decrease (enter your response as a percentage rounded to two decimal places and include a minus sign if ne essary). (2 points) What is the labor productivity increase or decrease Heading 1
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