A small electronic manufacturing company that makes communication devices has determined its costs as follows (all value

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A small electronic manufacturing company that makes communication devices has determined its costs as follows

(all value data are expressed in millions euro):

2013 2014 Output: 2 3 Inputs:

Labour 1 1.8 Material and supplies 0.6 0.8 Capital equipment depreciation 0.07 0.12

a) Calculate and compare all single-factor and multifactor productivity for 2013 and 2014.

b) What conclusions do you draw?

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Operations Management Sustainability And Supply Chain Management

ISBN: 9781292295039

13th Global Edition

Authors: Jay Heizer, Barry Render, Chuck Munson

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