Homework Answers
Current process:
Produced units = 400 units per hour
Revenue of production = Output = Produced unit * Selling price of units = 400 * 80 = $32,000 per hour
No. of workers = 20 workers
Cost of worker per hour = $15
Total cost of worker = 20*15 = $300 per hour
Overheads = 1.4 times labor cost = 1.4 * 300 = $420 per hour
Material cost per hour = $120
Total inputs = 300 + 420 + 120 = $840
Multifactor productivity = Outputs / Inputs = 32000 / 840 = 38.10
A) Answer: A) 38.10
Similarly, for new process
Produced units = 470 units per hour
Revenue of production = Output = Produced unit * Selling price of units = 470 * 80 = $37600 per hour
No. of workers = 22 workers
Cost of worker per hour = $15
Total cost of worker = 22*15 = $330 per hour
Overheads = 1.4 times labor cost = 1.4 * 330 = $462 per hour
Material cost per hour = $150
Total inputs = 330 + 462 + 150 = $942
Multifactor productivity = Outputs / Inputs = 37600 / 942 = 39.92
B) Answer: B) 39.92
C) Answer: A) The new process should be used because it has higher multifactor productivity ratio
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close the Charleroi plant? If so, how many suppliers should the
company employ and where should they be located?
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I need Summary of this Paper i dont need long summary i need
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some conclusions and contributes of this paper. I need this for my
Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS
PLEASE !!!)
Budgetary Policy and Economic Growth Errol D'Souza The share of capital expenditures in government expenditures has been slipping and the tax reforms have not yet improved the income...
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