A commodity analyst has made available the following information about the cobalt production in the Democratic Republic
Question:
A commodity analyst has made available the following information about the cobalt production in the Democratic Republic of Congo DRC in
The country produced tonnes of cobalt with the following resources:
Labour: hours @ R per hour
Energy: R per month
Capital costs: R for the year
Expenditure on suppliers and Supplies: R for the year
Required:
Calculate the labour productivity per labourhour in terms of tonnes of cobalt produced in the DRC during the financial yearround off answer to one decimal place
In relations to cobalt production in the DRC during the financial year, determine the multifactor productivity. Assume an average selling price of R per tonne round off the answer to two decimal places
Assuming that the capital costs and the energy bill in relations to cobalt production were reduced by and respectively in without cutting production or changing any other input, determine the percent change in multifactor productivity? Assume an average selling price of R per tonne of cobalt in
Management
ISBN: 9780730329534
6th Asia Pacific Edition
Authors: Schermerhorn, John, Davidson, Paul, Factor, Aharon, Woods, Peter, Simon, Alan, McBarron, Ellen