45:42 labor force is 180 million. The number of employed workers in this economy is Multiple Choice 166.5 million. 13.5 million, 174.6 million. 15.7 million. < Prev 56 of 80 Next >
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- Number of Pickers (per Hour) 0 1 2 3 4 5 6 7 8 9 Total Strawberry Output (Boxes per Hour) 0 5 10 14 17 19 20 20 18 15 Price of Total Strawberries Revenue (per Box) (per Hour) $2 2 2 2 2 2 2 2 2 2 $0 10 20 28 34 38 40 40 36 30 Marginal Revenue New Price of Product Strawberries $10 10 8 6 + NO + -4 -6 $4 4 4 4 4 4 4 4 4 4 New Total Revenue (per Hour) How many pickers would be hired at $12 an hour after the price change? picker(s) New Marginal Revenue Product1 2 3 4 5 6 7 8 9 10 lalakad A Unit Profit Units Produced Resource 1 2 3 Multiple Choice O O O B2:D2 B Activity 1 $20 Where are the changing cells located? B10:D10 G10 3 1 1 Activity 1 50 Activity 2 $40 Resource Used per Unit Produced 5 1 3 Activity 2 50 B2:D2, B4:D7, and G5:G7 D Activity 3 $30 4 1 2 Activity 3 0 E Totals 400 100 200 TI F <= <= Available 400 100 200 Total Cost $3,000Take real life examples and then solve it accordingly plz
- Answer the following questions applying the Constant Workforce strategy assuming: one daily shift of 8 hours, a $10 hour salary, a hiring cost of $400, a firing cost of $500, a storage cost of $10 , and a late order cost of $20. January February March April May June Total 1 Days 21 20 23 21 22 22 129 2 Units per Worker 126 3 Demand 1840 4068 3980 3540 3180 2642 19250 4 Workers Needed 5 Workers Available 30 6 Workers Hired 7 Hiring Cost 8 Workers Fired 9 Firing Cost 10 Current Workers 11 Labor Cost 12 Produced Units 13 Net Inventory 14 Storage Cost 15 Late Orders Cost 16 Total Cost a) Labor cost in January: b) Net inventory in April: c) Late…Management Science: XY Company manufactures and sells LCD monitor at P5000 each. The production officer reported the following: Sale price: P5000 per monitor direct materials cost: P1000 per unit direct labor cost: P550 per unit other overhead cost P950 per unit Fixed costs related to the production are also reported: salary of management: P200,000 rent for the factory: P150,000, other salaries: P140,000 depreciation of equipment: P12,000Compute total cost (TC) functionManagement Science: XY Company manufactures and sells LCD monitor at P5000 each. The production officer reported the following: Sale price: P5000 per monitor direct materials cost: P1000 per unit direct labor cost: P550 per unit other overhead cost P950 per unit Fixed costs related to the production are also reported: salary of management: P200,000 rent for the factory: P150,000, other salaries: P140,000 depreciation of equipment: P12,000Compute the total variable cost
- 1. Nasrin, Rashed and Tahmid run a Chocolate manufacturing company. Their productionruns 30-hour per week and they pay $6 per hour to their labors. Material cost is $3.5 per lbs.Machine productivity is 2.5 times weekly labor cost. Overhead is $300 per week. The weeklyproductivity figures are given below:Weeks Output (Units) Labors Material (lbs)1 1400 8 362 1500 9 343 1250 6 334 1300 7 35 a) Compute multi-factor productivity of machine and material for each of the monthsshown for their Chocolate manufacturing firm.b) Compute multi-factor productivity of Labor and Overhead for each of the months shownfor their Chocolate manufacturing firm.c) Compute total productivity measure for each of the months shown for their Chocolatemanufacturing firm.d) What do the productivity figures suggest? undefinedSuppose the Tasty Taco Company produces tacos. The number of tacos it can produce each hour depends on the number of workers it hires, as shown in the accompanying table. In addition, each taco can be sold for 50 cents more than the cost of the ingredients needed to produce it. Number of workers per hour Number of tacosper hour 0 0 1 25 2 45 3 60 4 70 5 75 What is the value of the marginal product of the fourth worker hired each hour? Select one: a. $5 b. $35 c. $10 d. $701.3 This year, Benson, Inc., will produce 57,600 hot water heaters at its plant in Yuiee, Florida, in order to meet expected głobal demand. To accomplish this, each laborer at the Yulee plant will work 160 hours per month. If the labor productivity at the plant is 0.15 hot water heaters per labor-hour, how many laborers are employed at the plant?
- c. Calculate the net absorption of office space and describe how the total demand for offices in this market has changed each year in the table below. 2017 2018 2019 2020 Total stock of office space sq.m 752,000 98,000 779,600 76,432 814,300 88,420 843,500 49,150 Vacant stock of office space sq.m.6. Signal Mountain Fabrication Company has been growing faster than its owners ever dreamed. To support that growth, it has to decide whether to hire more people or to buy another robotic fabrication machine. Its 50 workers and 5 robotic fabrication machines currently produce 10,000 widgets per day. Two months ago it added 3 workers and production went up by 500 widgets for the month. Its most recent robotic machine purchase cause production to increase by 600 widgets per month. Signal Mountain currently pays its workers on average $48,000 per year and estimates that the machines costs on average $150,000 per year over its useful life (this cost includes the machine operator). What should the Signal Mountain owners do to increase production? Please solve with excel. Group of answer choices a. Support growth by improving quality b. Support growth by paying workers more c. Support growth by focusing on adding workers d. Support growth by focusing on adding machinesConsider the decision tree involving PROFITS below. 300 0.6 A 0.4 500 1 500 0.7 0.3 200 Which action should be taken according to a maximin criterion? only A O either A or B O only B