I need help filling out the rest of this chart and the formula ofr multifactor productivity. Total Units Total UnitsProductivity Change in Productivity 2019202020192020Change% Total Revenue (dollars)$1,000,000$2,100,000 Labor Hours (hours) $12 $15 Materials (units) $5 $6 Capital Costs ($)$25,000$40,000 Energy (kilowatts) $0.23 $0.23 Total Costs

Productivity is a measure of how efficiently the inputs are utilized to generate output. Multifactor…

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Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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I need help filling out the rest of this chart and the formula ofr multifactor productivity.

	Total Units	Total Units	Productivity		Change in Productivity

	2019	2020	2019	2020	Change	%
Total Revenue (dollars)	$1,000,000	$2,100,000
Labor Hours (hours)	$12	$15
Materials (units)	$5	$6
Capital Costs ($)	$25,000	$40,000
Energy (kilowatts)	$0.23	$0.23
Total Costs

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