DATA: | Input | ||||||||
Week | Output | Labor Amt | Matls # | ||||||
1 | 96 | 4 | 60.0 | ||||||
2 | 72 | 3 | 50.0 | ||||||
3 | 92 | 4 | 100.0 | ||||||
4 | 50 | 2 | 40.0 | ||||||
5 | 69 | 3 | 60.0 | ||||||
6 | 52 | 2 | 50.0 | ||||||
Materials = | $50.00 | per pound (#) | |||||||
Labor = | 8 | hours/day @ | 5 | days/wk | @ | $25 | per hour | ||
Overhead = | $1.50 | per labor hour |
We have ,
Multifactor productivity for each week=Output/Total cost of inputs
=Output/(Labor cost+Material cost+ overhead cost)
Labor cost of a week =no of workers in a week * 40* 25
Material cost of a week=Material *50
Overhead cost =no of workers in a week * 40* 1.50
Single factory productivity :
Labor productivity =Total output /Total labor hours
Labor productivity of week 1=F3/(D3*40)=0.60 units per labor hour
Similarly for rest of the weeks.
Material productivity =Total output /Total material
Material productivity of week 1=F3/E3=1.60 units per pound of material.
Similarly for rest of the weeks.
Perform a multi-factor analysis for each week using both input factors together (labor & materials) Perform...
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