Question: MGMT 3020: OPERATIONS MANAGEMENT Quize #1: Productivity Problem - Open-Book Quiz, Fall 2015 (Total time allowed: 15 minutes) The following are the Output and Input

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MGMT 3020: OPERATIONS MANAGEMENT Quize \#1: Productivity Problem - Open-Book Quiz, Fall 2015 (Total time allowed: 15 minutes) The following are the Output and Input details of an operating unit. Output - Units produced: 4000 units - Price: 20 per unit. Input - Labor: 100 hours - Cost labor: $10 per ha - Cost of capital: $2,000 - Cost of materials: $3,000 - Cost of overhead: 200% of labor cost Determine the multifactor productivity

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