Kersha's chocolate factory produces 400 slabs of chocolate a day. Each slab is sold for $10 each day. The operations manager had reported the costs for the production of the chocolate slabs. The actual cost for labour is $400, $300 for overheads and $1000 for materials.

Calculate the multi factor productivity for this team at at Kersha's chocolate factory.

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Multifactor productivity is a measure that calculates the output produced relative to the multiple i... View the full answer