Output (Pizzas Per Day)

question 309

Essay

Output (pizzas per day)

-Tony's Pizza's production function is shown in the table above.
a) Suppose Tony operates Plant 2. He hires 2 workers and produces 20 pizzas a day. Is the pizzeria technologically efficient? Why or why not?
b) Suppose Tony operates Plant 1. He hires 2 workers and produces 18 pizzas per day. Is Tony's Pizza technologically efficient? Why or why not? Can Tony increase production to 22 pizzas a day in the short run? If yes, how?
c) Suppose Tony operates Plant 3. What is the marginal product of labor when the fourth worker is hired? When operating Plant 3, does Tony experience diminishing marginal returns? Explain.
d) Suppose Tony currently uses Plant 3. Can he increase production from 40 to 50 pizzas per day in the short run? In the long run? If yes, how?

Recognize the significance of international standards like ISO 9000 in enhancing quality across operations.

Distinguish between different approaches to manufacturing such as mass customisation and lean production.

Identify challenges and barriers that minority groups face within organisations, including the concept of the glass ceiling.

Comprehend the role of diversity in enhancing organisational culture and performance.

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Definitions:

Stress

Stress is the body's reaction to any change that requires an adjustment or response, which can come from any situation or thought that makes a person feel frustrated, angry, nervous, or anxious.

Physical Health

The overall condition of an individual's body, including the absence of disease and fitness level.

Psychological Health

Refers to the emotional and mental well-being state where an individual is able to use their cognitive and emotional capabilities to function in society and meet the ordinary demands of everyday life.

Schizophrenia

A chronic and severe mental disorder that affects how a person thinks, feels, and behaves, leading to delusions, hallucinations, and disorganized thinking.