A small electronic manufacturing company that makes communication devices has determined its costs as follows (all value
Question:
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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Related Book For
Operations Management Sustainability And Supply Chain Management
ISBN: 9781292295039
13th Global Edition
Authors: Jay Heizer, Barry Render, Chuck Munson
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