Question: 1 8 - 4 6 . Total Factor Productivity Trombly Fabrication has three production facilities located in the state, each producing the same basic mix
Total Factor Productivity
Trombly Fabrication has three production facilities located in the state, each producing the same basic mix of products. Facility was the original plant and the only one for several years. Facilities and were added recently to handle the increased volume. Data for the three facilities on output and the three primary inputs for the most recent period follow:
Required
Compute the total factor productivity for the three production facilities.
Briefly evaluate the comparative efficiency of the three production facilities
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