Compute the multifactor productivity measure for an 8 hour, Ask an Expert

Management Studies

Compute the multifactor productivity measure for an 8 hour day in which the usable output was 503 units, produced by 5 workers who used 705 pounds of materials. Workers have an hourly wage of 19 and material cost is 1.9 per pound. Overhead is 1.3 times labor cost.

The multifactor productivity (units/$) = (round to 4 decimal places)

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92209747

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