Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Question
- 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 |
$39,000 |
$33,000 |
— |
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