Question Two: Compute the multifactor productivity measure for each of the weeks shown for production of pencils. Assume 40-hour weeks and an hourly wage of 12 L.E. Overhead is 1.5 times weekly labor cost. Material cost is 6 L.E. per kilogram. Calculate the growth in productivity between the two weeks. Week Output (Pencils) Workers Material (Kg) 1 60,000 12 900 2 80,000 11 920
Question Two: Compute the multifactor productivity measure for each of the weeks shown for production of pencils. Assume 40-hour weeks and an hourly wage of 12 L.E. Overhead is 1.5 times weekly labor cost. Material cost is 6 L.E. per kilogram. Calculate the growth in productivity between the two weeks. Week Output (Pencils) Workers Material (Kg) 1 60,000 12 900 2 80,000 11 920
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 Two:
Compute the multifactor productivity measure for each of the weeks shown for production of pencils. Assume 40-hour weeks and an hourly wage of 12 L.E. Overhead is 1.5 times weekly labor cost. Material cost is 6 L.E. per kilogram. Calculate the growth in productivity between the two weeks.
Week |
Output (Pencils) |
Workers |
Material (Kg) |
1 |
60,000 |
12 |
900 |
2 |
80,000 |
11 |
920 |
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