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Given the table below compute: Calculate the year-to-date labor productivity Calculate the multifactor productivity     This Year Last Year Year Before Last Factory unit sales 2,762,103 2,475,738 2,175,447 Employment (hrs) 112,000 113,000 115,000 Sales of manufactured products ($) $49,363 $40,831           — Total manufacturing cost of sales ($) $39,000 $33,000           —

Given the table below compute: Calculate the year-to-date labor productivity Calculate the multifactor productivity     This Year Last Year Year Before Last Factory unit sales 2,762,103 2,475,738 2,175,447 Employment (hrs) 112,000 113,000 115,000 Sales of manufactured products ($) $49,363 $40,831           — Total manufacturing cost of sales ($) $39,000 $33,000           —

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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  1. Given the table below compute:
  • Calculate the year-to-date labor productivity
  • Calculate the multifactor productivity

 

 

This Year

Last Year

Year Before Last

Factory unit sales

2,762,103

2,475,738

2,175,447

Employment (hrs)

112,000

113,000

115,000

Sales of manufactured products ($)

$49,363

$40,831

          —

Total manufacturing cost of sales ($)

$39,000

$33,000

          —

 

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