Question: c. Multifactor productivity for each week Posey Ceramics makes ceramic vases for a chain of department stores. The output and cost figures over the past

c. Multifactor productivity for each week
Posey Ceramics makes ceramic vases for a chain of department stores. The output and cost figures over the past four weeks are shown here. Labour costs $20.00 an hour and materials are $8.00 per kilogram Week 1 2 3 4 Units of Output 2000 4000 5000 7000 No. Of Workers 4 4 6 Hours per week 40 48 56 70 per worker Material (kg) 128 256 324 450 Calculate: a. Labour productivity in hrs. b. Material productivity in kg. Multifactor productivity for each weekStep by Step Solution
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