Question: Please help with this homework problem. I posted before and answers were wrong. Thank you!! Pl A company that makes shopping carts for supermarkets and

Please help with this homework problem. I posted before and answers were wrong. Thank you!!

Please help with this homework problem. I postedPlPlease help with this homework problem. I posted

A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. Prior to buying the new equipment, the company used 7 workers, who together produced an average of 80 carts per hour. Workers receive $16 per hour, and machine cost was $30 per hour. With the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour, while output increased by 5 carts per hour. a. Compute labor productivity under each system. Use carts per worker per hour as the measure of labor productivity. (Round your answers to 3 decimal places.) Before 80.000 carts per worker per hour 85.000 carts per worker per hour After b. Compute the multifactor productivity under each system. Use carts per dollar cost (labor plus equipment) as the measure. (Round your answers to 3 decimal places.) Before 0.636 carts/dollar cost After 0.705 carts/dollar cost c. Comment on the changes in productivity according to the two measures. (Round your intermediate calculations to 3 decimal places and final answers to 2 decimal places.) fincreased by 31.25% Labor productivity Multifactor productivity increased by 10.85%

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