Math Solutions

[Steps Shown] A tire producer company for Go-Kart produces 1000 tires per day with the following resources. Workforce 400 hours at $ 12.50 per hour Raw

Question: A tire producer company for Go-Kart produces 1000 tires per day with the following resources.

Workforce 400 hours at $ 12.50 per hour
Raw Materials 20,000 pounds per day $ 1 per hour.
Energy $5,000 per day
Capital $ 10 000 per day
  1. What is the labor productivity for these tires in the company?
  2. What is the percentage change in total factor productivity, if the company can reduce the energy bill by $ 1000 without reducing production or changing the quality of other supplies?

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document


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