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Management Studies

Problem

Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars.

Assume 40-hour weeks and an hourly wage of $20. Overhead is 1.5 times weekly labor cost. Material cost is $7 per pound. (Round your answers to 2 decimal places.)

Week	Output (units)	Workers	Material (lbs)
1	30,000	5	410
2	33,000	7	490
3	32,000	7	540
4	34,000	9	540

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92759347

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