A company has provided the following datanbsp nbsplast year, Ask an Expert

Management Studies

A company has provided the following data:

Last Year This Year

Output (units) 22,000 35,000

Labor $13,000 $15,000

Raw Materials $8,000 $12,000

Other $2,800 $4,800

Compute the labor productivity per labor dollar for both years.

Compute the multifactor productivity for both years.

What is the percentage change in multifactor productivity?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92030319

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