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Problem:

The New city hospital has kept track of ts patients billings and labor costs during the last two years.

Required:

Question 1) How has the hospital's labor productivity changed?

2 years ago: Total Billings: 10,230,000, labor costs 4,375,000.

Last year: Total billings: 12,450,000, labor costs 5,200,000?

Solve the problem and show all work.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91168797

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