Before change
Total Carts made per hour = 60
Total no, of workers = 7
Labor productivity = Carts per worker per hour = 60/7 = 8.571 units per worker per hour
Cost of all worker per hour = 7*17 = $119 per hour
Machine cost = $40 per hour
Total cost per hour = $119+$40 = $159
Multi factor productivity = Carts/dollar cost per hour = 60/$159 = 0.377 carts per dollar
After Change
Total Carts made per hour = 65
Total no, of workers = 6
Carts per worker per hour = 65/6 = 10.833 units per worker per hour
Cost of all worker per hour = 6*17 = $102 per hour
Machine cost = $40+$11 = $51 per hour
Total cost per hour = $102+$51 = $153
Multi factor productivity = Carts/dollar cost per hour = 65/$153= 0.425 carts per dollar
Requirement a. Labor productivity
Before | 8.571 | Carts per worker per hour |
After | 10.833 | Carts per worker per hour |
Requirement b. Multi
factor productivity
Before | 0.377 | Carts / dollar cost |
After | 0.425 | Carts / dollar cost |
Requirement c. % increase in productivity
Labor productivity | increase by | 26.391% |
Multi factor productivity | increase by | 12.732% |
Calculated as % increase labor productivity = (10.833-8.571)*100/8.571 = 26.391%
Calculated as % increase multi factor productivity = (.425-.377)*100/.377 = 12.732%
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THANK YOU
Help Seve A company that makes shopping carts for supermarkets and other stores recenty purchased some...
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