Question: Problem 3 Compute the multifactor productivity measure for an eight - hour day in which the total usable output was 2 5 0 0 units,
Problem
Compute the multifactor productivity measure for an eighthour day in which the total usable output was units, produced by four workers who used a total of pounds of materials. Workers have an hourly wage of $ and material cost is $ per pound. Overhead is times labor cost. Determine the multifactor productivity.Output per $ of input
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