The production team of Widget Corp, a furniture manufacturer, has determined the amount of wood, metal, fabric, and labor hours and the electricity required to make one chair. The collective effort of all these resources would help the company determine its
A) economic order quantity
B) partial productivity
C) multifactor productivity
D) internal service quality

Suppose that a paving company produces paved parking spaces (q) using a fixed quantity of land (t) and variable quantities of cement (c) and labor (l). the firm is currently paving 1,000 parking spaces. the firm's cost of cement is $3 comma 600.003,600.00 per acre covered (c) and its cost of labor is $35.0035.00/hour (w). for the quantities of c and l that the firm has chosen, mp subscript upper c baseline equals 60mpc=60 and mp subscript upper l baseline equals 7mpl=7. is this firm minimizing its cost of producing parking spaces?