Problem: Charles Lackey operates a bakery in Idaho, Falls. Because of its excellent product and location, demand has increased by 55% in the last year. On far too many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a staff meeting, one employee suggested ways to load the oven so that more loafs of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional man power. This is the only production change that will be made in order to meet the increase demand. The bakery currently makes 1,600 loafs of bread per month. Employees are paid 8$ per hour. In addition to the labor costs, Charles also has a constant utility cost per month of $850 and a per loaf ingredient cost of $0.40.

Current multifactor productivity for 640 hours per month = HOW MANY? loafs/dollars(round response to 3 decimal places.

Also write down how you did it.