Question: Compute the multifactor productivity measure for an eight - hour day in which the usable output was 3 0 0 units, produced by three workers

Compute the multifactor productivity measure for an eight-hour day in which the usable output was 300 units, produced by three workers who used 600 pounds of materials. Workers have an hourly wage of $20, and material cost is $1 per pound. Overhead is 1.5 times labor cost.
What is the value of the output in $ if the multifactor productivity is 0.3 SIS?
If you produce same output, 300 units with same hours per day and same labor cost an overheads, how many workers do you need to get a Multifactor productivity of 0.214
Unit/$ ?

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