Chapter $2$: Competitiveness, Strategy, and Productivity

$5.$ Determine the labor productivity $($output per worker$)$ and multifactor productivity measure for the current year for a factory which, in a ten$-$hour workday produced a usable output of $3,950$ units using four workers and $800$ pounds of materials. The workers made $$\frac{25}{?}$ hour, the materials cost $$1\mathrm{.}50$ per pound, and overhead was $1\mathrm{.}75$ times the labor cost.

$6.$ If the multifactor productivity measure for problem $1$ was $1\mathrm{.}2$ last year, calculate the productivity growth over the last year.

Productivity Growth $=\frac{\text{C}\text{u}\text{r}\text{r}\text{e}\text{n}\text{t}\text{p}\text{r}\text{o}\text{d}\text{u}\text{c}\text{t}\text{i}\text{v}\text{i}\text{t}\text{y}-\text{P}\text{r}\text{e}\text{v}\text{i}\text{o}\text{u}\text{s}\text{p}\text{r}\text{o}\text{d}\text{u}\text{c}\text{t}\text{i}\text{v}\text{i}\text{t}\text{y}}{\text{P}\text{r}\text{e}\text{v}\text{i}\text{o}\text{u}\text{s}\text{p}\text{r}\text{o}\text{d}\text{u}\text{c}\text{t}\text{i}\text{v}\text{i}\text{t}\text{y}}100\%$