those products. Calculate the multifactor productivity of the three products together.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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A company produces three types of products: A, B,
and C. The following tables shows some details on
those products. Calculate the multifactor
productivity of the three products together.
Round to the nearest hundredth, i.e., two digits
after the decimal point (0.00).
Product A
Product B
Product C
Daily Production (units)
1000
1200
1500
Selling Price (Sfunit)
10
12
13
Material cost (S/1000 unit)
200
200
200
Labor cost (S/1000 unit)
200
250
300
Daily Fixed Costs
1200
1500
3000
Answer:
6.22
Transcribed Image Text:A company produces three types of products: A, B, and C. The following tables shows some details on those products. Calculate the multifactor productivity of the three products together. Round to the nearest hundredth, i.e., two digits after the decimal point (0.00). Product A Product B Product C Daily Production (units) 1000 1200 1500 Selling Price (Sfunit) 10 12 13 Material cost (S/1000 unit) 200 200 200 Labor cost (S/1000 unit) 200 250 300 Daily Fixed Costs 1200 1500 3000 Answer: 6.22
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