1.7 Hokey Min's Kleen Karpet cleaned 65 rugs in October, consuming the following resources: Labor: 520 hours at $13 per hour 100 gallons at $5 per gallon Machine rental: 20 days at $50 per day Solvent: a) What is the labor productivity per dollar? b) What is the multifactor productivity? PX

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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1.7 Hokey Min's Kleen Karpet cleaned 65 rugs in
October, consuming the following resources:
Labor:
Solvent:
Machine rental:
520 hours at $13 per hour
100 gallons at $5 per gallon
20 days at $50 per day
LACEME
a) What is the labor productivity per dollar?
b) What is the multifactor productivity? Px
1.8
Lillian Fok is president of Lakefront Manufacturing,
CH
i
2
f
S
k
k
Transcribed Image Text:● 1.7 Hokey Min's Kleen Karpet cleaned 65 rugs in October, consuming the following resources: Labor: Solvent: Machine rental: 520 hours at $13 per hour 100 gallons at $5 per gallon 20 days at $50 per day LACEME a) What is the labor productivity per dollar? b) What is the multifactor productivity? Px 1.8 Lillian Fok is president of Lakefront Manufacturing, CH i 2 f S k k
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