Question

please answer both questions

% (round to 2 decimal places) QUESTION 2 Compute the multifactor productivity measure for an 8 hour day in which the usable output was 653 units, produced by 7 workers who used 534 pounds of materials. Workers have an hourly wage of 19 and material cost is 1.2 per pound. Overhead is 1.5 times labor cost 3 paints The multifactor productivity (units/S) (round to 4 decimal places) QUESTION 3 3points ve A A health club has 4 employees who work on lead generation. Each employee works 35 hours a week, and is paid $21 an hour Each employee identifies an average of 210 possible leads a week from a list of 8,000 names. Approximately 10 percent of the leads becom members and pay a one-time fee of S115. Material costs are $350 per week, and overhead costs are 51,547 per week Caleulate the multifactor productivity for this operation in fees generated per dollar of input. (round to 4 The multifactor productivity for this operation in fees generated per dollar of input- decimal places) See and S Click Save and Submit to save and subrit. Click Sane All Ansuere to save all aners search HEWLETT-PACKARD

Answer 1

Question 2.

Multifactor productivity = Output/ Input = Output in units / (Labor cost + Material cost + Overhead cost)

Multifactor productivity = 653 units/ (8 hours*7 workers*19 + 1.2*534 + 1.5*8 hours*7 workers*19)

= 653/ (1064 + 640.8 + 1596)

= 0.1978 units/ $

Question 3.

Multifactor productivity = Output/ Input = Output in units / (Labor cost + Material cost + Overhead cost)

Output = 4 employees * 210 leads per week* 10% lead conversion * $115 fee per member = $9660 per week

Input = Labor cost + Material cost + Overhead cost = (4 workers * 35 hours a week * $21 an hour) + $350 + $1,547 = $4,837 per week

Multifactor productivity in fees generated per dollar of input = Output/ Input = $9660/ $4,837 = 1.9971

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