Calculate the multifactor productivity measure

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Reference no: EM1393980

Q. Week Output (units) Workers Material (lbs.)

1. 30,000 6 450

2. 33,600 7 470

3. 32,200 7 460

4. 35,400 8 480

3. Calculate the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Illustrate what do the productivity figures suggest? Suppose 40 hour weeks also an hourly wage of $12. Overhead is 1.5 times weekly labour cost. Material cost is $6 per pound.

Reference no: EM1393980

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