
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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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 $16. Overhead is 1.5 times weekly labor cost. Material cost is $9 per pound.
Week | Output (units) | Workers | Material (lbs) |
1 | 29,000 | 8 | 440 |
2 | 34,000 | 9 | 490 |
3 | 31,000 | 3 | 510 |
4 | 41,000 | 8 | 610 |
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