(Solved): 12. A given inventory item has a per-year holding cost of $730. One method of shipping this item is ...

12. A given inventory item has a per-year holding cost of $730. One method of shipping this item is 2 days faster than the other, but it is $2.50 more per unit. Using the slower method would be $_ more expensive overall than using the faster method. * 13. The weekly output of a fabrication process is shown below, together with data for labor and material inputs. Standard selling price is $125 per unit. Overhead is charged weekly at the rate of $1,500 plus .5 times direct labor cost. Assume a 40-hour week and an hourly wage of $16. Material cost is $10 per foot. What is the average multifactor productivity? Keep entire number sequences during your calculations and express your answer as a number with two decimal places (rounded to the nearest hundredth). * Output Material (ft) Week #Workers 1 390 400 5 6 3000 3500 2