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Natalie Attired runs a small job shop where garments are made. The job shop employees 8 workers. Each work is paid $10 per hour. During the first week of March, each worker worked 45 hours. Together, they produced a bath of 132 garments. Of these garments, 52 were "seconds" (meaning that they were flawed). The seconds were sold for $90 each at a factory outlet store. The remaining 80 garments were sold to retail outlets at a price of $198 per garments. What was the labor productivity, in dollars per labor-hour, at this job shop during the first week of March?
The figures below indicate the number of mergers that took place in the savings and loan industry over a 12-year period. Year Mergers Year Mergers 2000 46 2001 46 2002 62 2003 45 2
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A local bar serves a premium draft beer to its customers. The daily demand for beer is assumed to follow a normal distribution with a mean of 80 litres and a standard deviation of
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