Question: use this example and answer the exercise 1. One of the productive use of an org 2. Productivity - Output / Input 4. Formula for
use this example and answer the exercise
1. One of the productive use of an org 2. Productivity - Output / Input 4. Formula for productivity measures. Output Capital Partial Measures 3. Productivity Growth Current Prod - Previous Prod X 1001 Five workers installed 1600 square meters of wallpaper in nine hours. Previous Prod Output Output Labor Machine Output Output Labor + Labor + Capital + Machine Miscellaneous - Output / Input - 1600 square meter / 5 workers x 9 hours - 35.56 square meter per hour Energy + Multifactor Measures EXAMPLE #1 Productivity EXAMPLE #2 A processing machine produces 3300 drinking bottles in three hours. Productivity - Output / Input - 3000 / 3 hours - 1100 bottles per hour EXAMPLE #3 A processing machine produces 10540 units with input costs of labor ($i,300), materials ($590), overhead ($200). Multifactor Productivity Output / Input 10540 / [($1300 + $590 + $200)] = 5.04 units per dollar EXAMPLE #4 Last year the company produced half million of products and this year they able to produce 690,000. Calculate the productivity growth? 690,000 - 500,000 X 100% 500,000 - 388 Productivity Growth SECTION D - EXERCISE EXERCISE #1 ABC company provides service for house painting. They able to paint a single house of 5400 square meter in three hours with six workers. What is the productivity? EXERCISE #2 A small factory produced 6000 rolls of wrapping plastics in a day. Standard selling price is $29 per roll. Four workers involved with labor cost is $40 each, material cost is $ 70, and the overhead was $320. What is the productivity

Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
