Energy costs were unchanged by the modifications

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Reference no: EM132242337

The Dulac Box plant produces wooden packing boxes to be used in the local seafood industry. Current operations allow the company to make 504 boxes per day, in two 8-hour shifts. The company has introduced some moderate changes in equipment, and conducted appropriate job training, so that production levels have risen to 612 boxes per day. Labor costs average $8 per hour for each of the 6 full-time workers on each shift. Capital costs were previously $2259 per day, and rose to $4115 per day with the equipment modifications. Energy costs were unchanged by the modifications, at $506 per day. What is the firm's multifactor productivity before the changes?

Reference no: EM132242337

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