A restaurant can serve 20 customers in an hour. The restaurant employs 4 chefs at $25...
A restaurant can serve 20 customers in an hour. The restaurant employs 4 chefs at $25 per hour and uses $10 of ingredients and $1 of electricity per hour. Calculate an appropriate measure of productivity.
Homework Answers
Answer: - Given data
Number of customers served per hour = 20
Restaurant employs number of shefs = 4
Cost per each shef per hour = $25
Total cost per hour = Chefs cost + ingrediants + electricity = (4*$25) + $10 + $1 = $111
Productivity = Output customers served / Total value to serve customers per hour
productivity = 20 customers per hour/ $111 per hour = 0.180
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