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Company X has six employees each working 8 hrs per day and their payroll cost is $ 600 / day. Company manufactures 10 products per
Company X has six employees each working 8 hrs per day and their payroll cost is $ 600 / day. Company manufactures 10 products per day. Company will be able to increase the production to 16 products per day with the help of new machines. Although the staff, their work hrs and pay per day are the same, overhead expenses are now $ 800 per day. Calculate the increase in single factor and multifactor productivity.
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