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2013 2014 Output: 2 3 Inputs: Labour 1 1.8 Material and supplies 0.6 0.8 Capital equipment depreciation 0.07 0.12

2013 2014 Output: 2 3 Inputs: Labour 1 1.8 Material and supplies 0.6 0.8 Capital equipment depreciation 0.07 0.12

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question

A small electronic manufacturing company which
makes communication devices has determined its costs as follows
(all value data are expressed in millions Euro):

 

 

Calculate and compare all single-factor and multifactor produc-
tivity for 2013 and 2014.

What conclusions do you draw?

2013 2014 Output: 2 3 Inputs: Labour 1 1.8 Material and supplies 0.6 0.8 Capital equipment depreciation 0.07 0.12
Transcribed Image Text:2013 2014 Output: 2 3 Inputs: Labour 1 1.8 Material and supplies 0.6 0.8 Capital equipment depreciation 0.07 0.12
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