Question: QUESTION 1 - PRODUCTIVITY (15 Marks) The following table shows data on the average number of customers processed by several bank service units each day.
QUESTION 1 - PRODUCTIVITY (15 Marks)
The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $25, the overhead rate is 1.2 times labor cost, and material cost is $5 per customer.
| Unit | Employee | Customers Processed/Day |
| A | 4 | 36 |
| B | 5 | 40 |
|
| 8 | 60 |
| D | 3 | 20 |
- Compute multifactor productivity for each unit. Use an 8-hour day for multifactor productivity. (10 marks)
- If the productivity for Unit A increases by 20%, what is the new productivity? (5 marks)
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