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Question Two:                                                                                  Compute the multifactor productivity measure for each of the weeks shown for production of pencils. Assume 40-hour weeks and an hourly wage of 12 L.E. Overhead is 1.5 times weekly labor cost. Material cost is 6 L.E. per kilogram. Calculate the growth in productivity between the two weeks. Week Output (Pencils) Workers Material (Kg) 1 60,000 12 900 2 80,000 11 920

Question Two:                                                                                  Compute the multifactor productivity measure for each of the weeks shown for production of pencils. Assume 40-hour weeks and an hourly wage of 12 L.E. Overhead is 1.5 times weekly labor cost. Material cost is 6 L.E. per kilogram. Calculate the growth in productivity between the two weeks. Week Output (Pencils) Workers Material (Kg) 1 60,000 12 900 2 80,000 11 920

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question Two:                                                                                 

Compute the multifactor productivity measure for each of the weeks shown for production of pencils. Assume 40-hour weeks and an hourly wage of 12 L.E. Overhead is 1.5 times weekly labor cost. Material cost is 6 L.E. per kilogram. Calculate the growth in productivity between the two weeks.

Week

Output (Pencils)

Workers

Material (Kg)

1

60,000

12

900

2

80,000

11

920

 

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