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Read and answer the following questions. Cite your sources. 1-Explain how to solve the problem,respond to all the questions and prompts. (1.8) 2- Explain how
Read and answer the following questions. Cite your sources.
1-Explain how to solve the problem,respond to all the questions and prompts. (1.8)
2- Explain how to solve the problem, respond to all the questions and prompts.(2.9)
.. . - 0 0 1.8 Lillian Fok is president of LakeEront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tires per day with the following resources: Labor: 400 hours per day @ $12.50 per hour Raw material: 20,000 pounds per day @ $1 per pound Energy: $5.000 per day Capital costs: $10,000 per day a. W'hat is the labor productivity per laborhour for these tires at Lakefront Manufactming? b. W'hat is the multifactor productivity for these res at Lakefront Manufacturing? c. What is the percent change in mulfactor productivity if Fok can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs? 5' 002.9 Ranga Rarnasesh is the operations manager for a firm that is trying to decide which one of four countries it should research for possible outsourcing providers. The first step is to select a country based on cultural risk factors, which are critical to eventual business success with the provider. Ranga has reviewed outsourcing provider directories and found that the four countries in the table that follows have an ample number of providers from which they can choose. To aid in the countryr selection step, he has enlisted the aid of a cultural expert, John Wang, who has provided ratings of the various criteria in the table. The resulting ratings are on a 1 to '10 scale, where 1 is a low risk and 1D is a high risk. John has also determined six criteria weightings: Trust, with a weight of 0.4; Quality, with 0.2; Religious, with {1.1; Individualism, with 0.1; Time, with 0.1; and Uncertainty, with {1.1. Using the factorrating method, which country should Ranga select? 5Step by Step Solution
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