Question
1. A company produced 60,000 bicycles. It has a single-factor productivity for the input of labour of 3 units per dollar of input and a
1. A company produced 60,000 bicycles. It has a single-factor productivity for the input of labour of 3 units per dollar of input and a single-factor productivity for the input of materials of 3 units per dollar of input. What is its multi-factor productivity for the combined inputs of labour and materials? a. 1.5 units/dollar b. 1 unit/dollar c. 3 units/dollar d. 2 units/dollar
2. A company has a single-factor productivity for the input of labour of 4 units per dollar of input and a single-factor productivity for the input of materials of 4 units per dollar of input. What is its multi-factor productivity for the combined inputs of labour and materials?
a. 2 units/dollar
b. 4 units/dollar c. 3 units/dollar d. 1 unit/dollar
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No Nonsense Management A General Managers Primer
Authors: Richard S. Sloma
1st Edition
1893122603, 978-1893122604
