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Consider the following information gathered from the records of TMC Manufacturing Company, a plastic molder of pieces for children's games. Pieces are shipped in lots of 500 units each.

All factory labor earns $15 per hour.
-The percentage savings for each 500-unit order after implementing the process improvements will be:
A) 91%
B) 9%
C) 42%
D) 98%

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Use the following to Ans questions :
Consider the following information gathered from the records of TMC Manufacturing Company, a plastic molder of pieces for children's games. Pieces are shipped in lots of 500 units each.
  
All factory labor earns $15 per hour.
-The percentage savings for each 500-unit order after implementing the process improvements will be:
A) 91% 
B) 9% 
C) 42% 
D) 98%

Quizplus · Accepted Answer

The percentage savings for each 500-unit order after implementing the process improvements is 91%. This is calculated by taking the difference between the old cost per unit and the new cost per unit, and then dividing that difference by the old cost per unit.

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