Question: Should Sweet Tooth Inc. continue with the existing process or switch to the new process?Sweet Tooth Inc., a leading chocolatier, can produce 1 0 0
Should Sweet Tooth Inc. continue with the existing process or switch to the new process?Sweet Tooth Inc., a leading chocolatier, can produce kg of chocolate powder from kg of cocoa beans in hours of processing. Not satisfied with this output, the company is contemplating switching to a more automated process that would yield kg of chocolate powder per kg of cocoa beans and take hours to process. The cost of processing is $ per hour. Cocoa beans cost $ per kg Calculate:
The labour productivity of the current process
The labour productivity of the proposed process
The multifactor productivity of the current process
The multifactor productivity of the proposed process. Should Sweet Tooth Inc. continue with the existing process or switch to the new process?
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