Does the total productivity measure make more sense in this problem, since both labor and capital have
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Does the total productivity measure make more sense in this problem, since both labor and capital have been used?
Year 1 Year 2 Annual Inflation Output (sales) $million $260.5 $270.4 2%
Labor (payroll) $million $110.4 $111.5 3%
Capital $ 60.2 $ 61.0 1%
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Operations Management In The Supply Chain Decisions And Cases
ISBN: 9781260571431
8th Edition
Authors: Schroeder, Roger G., Goldstein, Susan Meyer
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