= data on the average number of customers processed by several bank hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and tomer. Customers Processed/Day 36 40 60 20 productivity for each unit (Unit A, B, C, and D) - day for multifactor productivity. Compute the multifactor productivity t A, B, C, and D)

Practical Management Science
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Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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The following table shows data on the average number of customers processed by several bank
service units each day. The hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and
material cost is $5 per customer.
Unit Employees
4
5
ABCD
с
583
8
3
Customers Processed/Day
36
40
60
20
(a) Compute the labor productivity for each unit (Unit A, B, C, and D)
(b) Use an eight-hour day for multifactor productivity. Compute the multifactor productivity
for each unit (Unit A, B, C, and D)
Transcribed Image Text:The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and material cost is $5 per customer. Unit Employees 4 5 ABCD с 583 8 3 Customers Processed/Day 36 40 60 20 (a) Compute the labor productivity for each unit (Unit A, B, C, and D) (b) Use an eight-hour day for multifactor productivity. Compute the multifactor productivity for each unit (Unit A, B, C, and D)
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