Tesla, the electric car maker, has
expressed an intention to carry out production in Fremont in a way that makes
intensive use of industrial robots. It
must balance this intention with the judgement and adaptability offered by
human workers and the additional productivity made possible by installing conventional
equipment for the production of automobiles.
50 robots are being leased from a Japanese provider at a cost of $100,000 per
robot per year. The marginal product of
a robot corresponds to 500 additional cars per year. Each piece of conventional equipment is being
leased from a German provider at a cost of $20,000 per year. Its marginal product is 125 additional cars
per year. The going rate of pay for the human workers is $80,000 per year. One hundred workers are employed. The marginal product of a worker amounts to
450 additional cars per year.
things equal, the marginal product of an input falls as more of it is employed.
is expected that 10 workers will quit or retire by the end of the year. Tesla plans NOT to replace them. Instead, Tesla has in mind the use of 10
additional robots next year.
on the efficiency of Tesla s use of robots.
Comment also on Tesla s use of humans vs. its use of conventional
equipment. Should Tesla become more
labor-intensive? More equipment-intensive? Fully explain your answers.
You can get our ideal online homework help services with four easy steps. All you have to do is inform us of your requirements. Immediately we will match with a specialist in your academic discipline. After that, we will track your order, review it to ensure it meets your requirements, and submit it to your email.
Fill in your assignment instructions on the order form
Immediately you contact us for homework help; we will assign your assignment to an academic expert.
We have a team of editors, who will thoroughly review your assignment, ensuring there are no errors before submission
Once we have completed the assignment, we will deliver it to your account. Additionally, we will send a notification to your email.
Once you consult us for homework help online services, you will attest to why we are among the USA's best essay writing services.
Read on and find out some of the features that make our services superlative.
You can confirm that the content you get is original for free using our plagiarism checker.
We offer unlimited access to our essay homework samples.
Once you place an order, we format it accordingly without demanding additional charges.
We offer free unlimited revisions until your assignment is of your desired quality..
We have a team of specialized editors who review your assignment before submission.
You can track the progress of your homework for free.