Question

Question 47 5 pts Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of $12. Overhead is 2 times weekly labor cost. Material cost is $6 per pound. What is the productivity of the most productive week? (Round your answers to 2 decimal places.) Week Output (units) Workers Material (lbs) 30,000 33,000 32,000 36,000 470 550 540 560 2.49 2.23 3.23 2.17 2.99

Answer 1

Multi-factor productivity is nothing but the measure that gives clear picture about the overall efficiency based on the labor and capital inputs used in the production process.

Pago No. youvA Dato: dabor cast= work-haur X no (LC) warks x heurly coage LC, 40X5X12 -$2 400 40 x8 X 12 = 4 3840 LC2 = LC3 L Cy= 40 X 8 X12- 4 38 40 40 X9 X 12 443 20 Overhiad ceot 2 x labar cast (oc) OC= 2 X 2 400 44800 OC2 G 1680 $7680 2X 3840 = OC3 OCy 2X 38 40= $8640 2X 4320 Hatioual cast = matirual h lbs x cast ber lb 4 10 x 6 = $ 28 20 M2 550 x 6= 3300 H3= My 540 X 6 : 3240 争3360 560 X 6 = Total uost Habor cast + Ovethead COst + matTrial cast TC: 2400 + 4800 t 2820 10,020 TC 2 384O + 7680 t 3 300 414,820 TC3 = 38y0 + 1680 + 3240 = $ 14, 160 TC4: 4320 3640 +3360 16, 32 utout Total cosl (MFP)

MFP 2 99 30,000 19020 MFP 33000 14 820 32000 14 160 2 23 -1 2.11 MEg MFP4 36000 320 2 21 boduet u west s weetwi fh MFP 50, the mest 2.99