Determine the multi-factor productivity

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1. Name 3 of the 5 common reasons organizations may not use the strategic plan they develop

2. When you are looking for a person to fill a managerial position, do you think it is more important to have managerial skills and background, or background and skills in the desired field? Can one item make up for the other? Can a person be taught to be a good manager?

3. The weekly output of a production process is 3000 units using 5 workers and 1400 feet of materials. The standard inventory value of the output is $155 per unit. Overhead is charged weekly at the rate of $1500 plus .5 times direct labor cost. Assume a 40-hour week and an hourly wage of $16. Material cost is $10 per running foot. Determine the multi-factor productivity.

Reference no: EM132172838

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Determine the multi-factor productivity : Assume a 40-hour week and an hourly wage of $16. Material cost is $10 per running foot. Determine the multi-factor productivity.

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