Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Final answer with 4 decimal places

For the month of February, a furniture manufacturer was able to produce 80
king size beds. He utilized three prime resources: workforce (520 hours for
$13 per hour), raw material (100 logs for $5 per log) and equipment (20 days
for $50 a day). Calculate the multifactor productivity.
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Transcribed Image Text:For the month of February, a furniture manufacturer was able to produce 80 king size beds. He utilized three prime resources: workforce (520 hours for $13 per hour), raw material (100 logs for $5 per log) and equipment (20 days for $50 a day). Calculate the multifactor productivity.
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