Question: bor costs are $ 4 , 0 0 0 per class, materials costs are $ 2 1 per student per class, and overhead costs are
bor costs are $ per class, materials costs are $ per student per class, and overhead costs are $ per class. The multifactor productivity ratio currently is and the labor productivity per hour if the instructors work on an average of hours per week for weeks for each credit class of students.
oach Bjourn Toulouse led the Big Red Herrings to several disappointing football seasons. Only better recruiting will return the Big Red Herrings to winning form. Because of the current state of the pr oehring University fans are unlikely to support increases in the $ season ticket price. Improved recruitment will increase overhead costs to $ per class section from the current $ per ection. The university's budget plan is to cover recruitment costs by increasing the average class size to students. Labor costs will increase to $ per credit course. Material costs will be abo student for each credit course. Tuition will be $ per semester credit, which is supplemented by state support of $ per semester credit.
a The multifactor productivity ratio with the university's plan to meet the expenses related to improving recruitment is Enter your response rounded to two decimal places.
As compared to the present multifactor productivity ratio, the university's plan will result in multifactor productivity ratio.
b If instructors are going to work an average of hours per week for weeks for each credit class of students, the labor productivity ratio is $ decimal places.
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