Information text A company that makes shopping carts for supermarkets recently purchased some new equipment that...
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Information text A company that makes shopping carts for supermarkets recently purchased some new equipment that reduced the labor content of the jobs needed to produce shopping carts. The information regarding the old system (before adding the new equipment) and after adding the new equipment are given below. New Equipment Added Current System Output/hr 80 Workers 5 84 4 Wage/hr $10 $10 Machine/hr $40 $50 Question text a) Compute labour productivity for both the Old System and the New System b) Compute AFP productivity for both the Old System and the New System. Information text A company that makes shopping carts for supermarkets recently purchased some new equipment that reduced the labor content of the jobs needed to produce shopping carts. The information regarding the old system (before adding the new equipment) and after adding the new equipment are given below. New Equipment Added Current System Output/hr 80 Workers 5 84 4 Wage/hr $10 $10 Machine/hr $40 $50 Question text a) Compute labour productivity for both the Old System and the New System b) Compute AFP productivity for both the Old System and the New System.
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