Ele Edt jew Insert Fgrmat Iools Data Window elp E f. 24 3 100% -2 Arial 10 BIU $ % Productivity Productivity Recet Data Questions 6.00 Policies processed 600 5.00 Hours per day Days per week Еmploye es 4.00 Productivity | 5.00 policies per hour 3.00 2.00 1.00 0.00 OOONOvervie Produstivity Policies per hour

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question

If the insurance company can process 60 (10 percent) more
policies per week, by what percentage will the productivity
measure rise?
2. Suppose the 8-hour day includes a 45-minute lunch. What is
the revised productivity measure, excluding lunch?
3. If an employee is hired, what will be the weekly number of
policies processed if the productivity of five policies per hour
is maintained?
4. Suppose that, during the summer, the company works for only 4
days per week. What will be the weekly number of policies processed if the productivity of five policies per hour is maintained?

Ele Edt jew Insert Fgrmat Iools Data Window elp
E f. 24 3
100% -2
Arial
10
BIU
$ %
Productivity
Productivity
Recet Data
Questions
6.00
Policies processed
600
5.00
Hours per day
Days per week
Еmploye es
4.00
Productivity |
5.00 policies per hour
3.00
2.00
1.00
0.00
OOONOvervie Produstivity
Policies per hour
Transcribed Image Text:Ele Edt jew Insert Fgrmat Iools Data Window elp E f. 24 3 100% -2 Arial 10 BIU $ % Productivity Productivity Recet Data Questions 6.00 Policies processed 600 5.00 Hours per day Days per week Еmploye es 4.00 Productivity | 5.00 policies per hour 3.00 2.00 1.00 0.00 OOONOvervie Produstivity Policies per hour
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