Im not sure if any of the answers I have provided are correct. Cindy Jo's Hair Salon is concerned about its rising costs of supplies, energy, and labor, so it is considering investing inbetter equipment, which hopefully will reduce the time required to perform most hairstyles as well as result in betterperceived quality by its customers. It predicts that the added investment will increase output levels as well as reduceenergy costs, since some of the new equipment (hair dryers) use less electricity.Inputs and OutputsHairstyles per weekLabor costs per weekEnergy costs per weekMaterial costs per weekCapital investment%Current (this year)270$980$380$340$0Using the given information, determine the current and expected single-factor and total productivity measures. Do notround intermediate calculations. Round your answers to three decimal places.ProductivityExpected (next year)340$1,045$325$375$15,000Current (this year)0.27 haircuts/dollar0.710 haircuts/dollar0.794 haircuts/dollarhaircuts/dollarExpected (next year)0.325 haircuts/dollar1.04 haircuts/dollar0.906 haircuts/dollarhaircuts/dollarLaborEnergyMaterialTotalWhat is the percentage change in total productivity? Do not round intermediate calculations. Round your answer to twodecimal places.

Input and Outputs Current (this year) Expected (Next year) Hairstyles per week 270 340 Labor…

O Cindy Jo's Hair Salon is concerned about its rising costs of supplies, energy, and labor, so it is considering investing in better equipment, which hopefully will reduce the time required to perform most hairstyles as well as result in better perceived quality by its customers. It predicts that the added investment will increase output levels as well as reduce energy costs, since some of the new equipment (hair dryers) use less electricity. Inputs and Outputs Hairstyles per week Labor costs per week Energy costs per week Material costs per week Capital investment Current (this year) Expected (next year) 270 340 $980 $1,045 $380 $325 $340 $375 $0 $15,000 Using the given information, determine the current and expected single-factor and total productivity measures. Do not round intermediate calculations. Round your answers to three decimal places. Productivity Current (this year) 0.27 haircuts/dollar 0.710 haircuts/dollar 0.794 haircuts/dollar haircuts/dollar Expected (next year) 0.325 haircuts/dollar 1.04 haircuts/dollar 0.906 haircuts/dollar haircuts/dollar Labor Energy Material Total What is the percentage change in total productivity? Do not round intermediate calculations. Round your answer to two decimal places. %

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter4: Linear Programming Models

Section4.8: Data Envelopment Analysis (dea)

Problem 42P