Operations Management Extra Credit Problems (2 points added to your final exam score for each correct answer. The manager of a crew that installs carpets has tracked the crew’s output over the past several weeks, and the data are as follows: Week 2 4 Installed rew Size 4 480 351 484 250 348 250 4 2 Calculate labor productivity and multifactor productivity for each of the weeks. What does the evidence for labor productivity suggest regarding the relationship between crew size and productivity? What does the evidence for multifactor productivity suggest regarding the relationship between crew size and productivity? a. b. c. The Readylite Company produces a flashlight in which product managers are trying to decide how long a warranty to issue. II. If the managers believe the life of the flashlight follows a normal distribution with a mean of two and one-half years and a standard deviation of six months: a. What percentage of flashlights sold can they anticipate will be returned within the first two years? What percentage of flashlights sold can they anticipate will be returned within the first two and one-half years? b. A company is considering investing in one of the production processes identified below. The company anticipates charging $12 each for each new unit of output it will produce. III. First process FC= 170.000 vC_7S/unit Second process FC 200,000 VC-$6/unit a. Determine the break-even level of output for each of the processes. b. If the company CFO, “Rowdy” Rob Robert’s goal is to make a target profit of $100,000, determine which process requires producing and selling the smaller