Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Can you assist me with Question 1.9. I've made serveal attempts to solve it but don't understand. Can you please write it out step by step instead of using an excel spreadsheet ? it's easier to follow along Thank you kindly!
Brown's, a local bakery, is worried about increased
costs-particularly energy. Last year's records can provide a
fairly good estimate of the parameters for this year. Wende
Brown, the owner, does not believe things have changed much,
but she did invest an additional $3,000 for modifications to the
bakery's ovens to make them more energy efficient. The modifi-
cations were supposed to make the ovens at least 15% more effi-
cient. Brown has asked you to check the energy savings of the
by
••• 1.9
by
to
a
fc
new ovens and also to look over other measures of the bakery's
productivity to see if the modifications were beneficial. You have
ir
the following data to work with:
in
LAST YEAR
NOW
be
Production (dozen)
1,500
1,500
a
Labor (hours)
350
325
b)
Capital investment ($)
15,000
18,000
Energy (BTU)
3,000
2,750
PX
expand button
Transcribed Image Text:Brown's, a local bakery, is worried about increased costs-particularly energy. Last year's records can provide a fairly good estimate of the parameters for this year. Wende Brown, the owner, does not believe things have changed much, but she did invest an additional $3,000 for modifications to the bakery's ovens to make them more energy efficient. The modifi- cations were supposed to make the ovens at least 15% more effi- cient. Brown has asked you to check the energy savings of the by ••• 1.9 by to a fc new ovens and also to look over other measures of the bakery's productivity to see if the modifications were beneficial. You have ir the following data to work with: in LAST YEAR NOW be Production (dozen) 1,500 1,500 a Labor (hours) 350 325 b) Capital investment ($) 15,000 18,000 Energy (BTU) 3,000 2,750 PX
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