1. Math
  2. Advanced Math
  3. browns a local bakery is worried about increased costs particularly...

Question: browns a local bakery is worried about increased costs particularly...

Question details

Browns, a local bakery, is worried about increased costs particularly energy. Last years 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 $2,500 for modifications to the bakerys ovens to make them more energy efficient. The modifications were supposed o make he ovens at least 15% more efficient. Brown has asked you o check the energy savings o the new o ens an als Jooko er other measures e a r s productivity to see if the modifications were beneficial. You have the following data to work with Production (dozen) Labor (hours) Capital Investment (S) Energy (BTU) Last Year 1,600 340 15,000 3,000 Now 1,600 325 17,500 2,750 Energy productivity increase- )% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary)

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution