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An industrial plant needs to make 100,000 parts per month to meet demand. Each month contains 20 working days, each of which allows for

 

An industrial plant needs to make 100,000 parts per month to meet demand. Each month contains 20 working days, each of which allows for 3 separate 8 hour shifts. (a) If a worker can produce 10 parts/hour, how many workers are needed on each shift? (b) If material costs are $10/part, capital costs are $100,000 and labor costs are $10/hour, what is the multifactor productivity of the plant from part (a)?

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