Question: 3 . 1 . Multifactor Productivity ( 5 marks ) [ CLR 1 ] Road racing bikes have special seats that are flexible with minimum
Multifactor Productivity marksCLR Road racing bikes have special seats that are flexible with minimum contact with cyclists. These seats are called toupe saddles. Roscoe Specialty Equipment makes of these seats per day with the following resources.Labor: hours per day @ $ per hourRaw material: kilograms per day @ $ per kgEnergy: $ per dayCapital costs: $ per dayA What is the labor productivity per labor hour for these toupe saddles at Roscoe?B What is the multifactor productivity for these toupe saddles at Roscoe?C What is the change in multifactor productivity if Roscoe can reduce the energy bill by $ per day without cutting production or changing any other inputs?Hint: Apply the multifactor productivity formula in the text and notes.Use the hint from Q to calculate the change in multifactor productivity.
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