Question: 2 Hw - Operations Strategy and Competitiveness > Question 8 of 9 View Policies Current Attempt in Progress Med-Tech labs is a facility that provides

2 Hw - Operations Strategy and Competitiveness >
2 Hw - Operations Strategy and Competitiveness >
2 Hw - Operations Strategy and Competitiveness > Question 8 of 9 View Policies Current Attempt in Progress Med-Tech labs is a facility that provides medical tests and evaluations for patients, ranging from analyzing blood samples to performing magnetic resonance imaging (MRI) average cost to patients is $86 per patient. Labor costs average $18 per patient, materials costs are $21 per patient, and overhead costs are averaged at $20 per patient. (a) Your answer has been saved. See score details after the due date. What is the multifactor productivity ratio for Med-Tech? What does your finding mean? (Round answer to 2 decimal places, es. 15.25.) Multifactor productivity 1.46 eTextbook and Media Attempts: 1 of 1 used Question 8 of 9 .../1 15.25.) Multifactor productivity 1.46 e Textbook and Media Attempts: 1 of 1 used (b) If the average lab worker spends 4 hours for each patient, what is the labor productivity ratio? (Round answer to 2 decimal places, eg. 51.25.) Labor productivity per hour e Textbook and Media Save for Later Attempts: 0 of 1 used Submit

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