The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and material cost is $5 per customer. Unit Employees Customers Processed/Day A 4 36 B 5 40 C 8 60 D 3 20 a. Compute the labor productivity and the multifactor productivity for each unit. Use an eighthour day for multifactor productivity.
The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and material cost is $5 per customer. Unit Employees Customers Processed/Day A 4 36 B 5 40 C 8 60 D 3 20 a. Compute the labor productivity and the multifactor productivity for each unit. Use an eighthour day for multifactor productivity.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
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The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and material cost is $5 per customer.
Unit Employees
Customers
Processed/Day
A 4 36
B 5 40
C 8 60
D 3 20
a. Compute the labor productivity and the multifactor productivity for each unit. Use an eighthour day for multifactor productivity.
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