Question: The Abco Company manufactures electrical assemblies. The current process uses 10 workers and produces 200 units per hour. You are considering changing the process with
The Abco Company manufactures electrical assemblies. The current process uses 10 workers and produces 200 units per hour. You are considering changing the process with a new one (20 pts.)(Use your own values for question marked (?) data). workers are paid at a rate of $30 per hour, and overhead is charged at 140% (or 1.4 times) of labor costs. Finished switches sell for $20/ unit. a. Calculate the multifactor productivity for the current process. b. Calculate the multifactor productivity for the new process. c. Determine if the new process should be implemented
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