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a)  Wang Ceramics makes ceramic pots for a chain of stores. The output and cost figures over the past two weeks are shown in the table below. Labor costs is RM11/hour and materials costs are RM3.5/pound. Calculate multifactor productivity for each week.    Week 1   2   Units of output   4200 5000 No. of workers   4 5 Hours per week per worker   52 54 Materials (lbs)   570 720

a)  Wang Ceramics makes ceramic pots for a chain of stores. The output and cost figures over the past two weeks are shown in the table below. Labor costs is RM11/hour and materials costs are RM3.5/pound. Calculate multifactor productivity for each week.    Week 1   2   Units of output   4200 5000 No. of workers   4 5 Hours per week per worker   52 54 Materials (lbs)   570 720

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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a)  Wang Ceramics makes ceramic pots for a chain of stores. The output and cost figures over the past two weeks are shown in the table below. Labor costs is RM11/hour and materials costs are RM3.5/pound. Calculate multifactor productivity for each week. 

 

Week

1

 

2

 

Units of output

 

4200

5000

No. of workers

 

4

5

Hours per week per worker

 

52

54

Materials (lbs)

 

570

720
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