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What should be increased the machine or the employee

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If the management of a factory called the Caribbean operates with five (5) employees with $7.50 per hour. These employees produce 200 objects per hour. The company is considering hiring a new employee or investing in a new machine. The Caribbean Sea company has hired you to advise you on the decision-making.

You have conducted an investigation. In it, he found that the new employee would contribute 35 more objects to the production per hour while the machine would provide 50 more objects per hour. The cost of the machine would be $ 53,000 for 265 days for 8 hours. Find the cost per machine hour.

The machine cost per hour is?

How much is PMl?

How much is PMk?

How much is the salary (w)?

Find PML / PL?

Find PMk/Pk?

What should be increased the machine or the employee?

Reference no: EM133067038

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