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Two types of cars (Deluxe and Limited) were produced by a car manufacturer in 1997. Quantities sold, price per unit, and labour hours follow. What is the productivity for each car? Explain the problem (s) with labour productivity. Deluxe-4000 units sold-$8,000/car Limited-6,000 units sold- $9,500/car Labour (deluxe)-20,000 hours-$12/hour Labour (Limited)-30,000 hours-$14/hour
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Chicago's Hard Rock Hotel distributes a mean of 1000 bath towels per day to guests at the pool and in their rooms. This demand is normally distributed with a standard deviation of
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