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Productivity calculations Firm Veg-&-Fruit wants to calculate the labor productivity of their workers who work in the fruit and vegetables section. They are responsible for
Productivity calculations Firm "Veg-&-Fruit" wants to calculate the labor productivity of their workers who work in the fruit and vegetables section. They are responsible for various packaging tasks and putting products in, for example, boxes. Assume that you have available the information in the Table below. Also assume that each worker works 20 hours per week and that wages are 25 AED per hour for each worker. Overhead (e.g. electricity) is 1.5 times the weekly labor cost. Material cost is 20 AED per kilogram (kg). Use the provided Table to do the calculations Week Number of units (Output) Number of Workers Material required (kg) 980 26 1020 28 Now answer the following questions: a) Compute the multifactor productivity for week 1 and for week 2. (3 marks) b) What was the percentage change in productivity from week 1 to week 2.(2 marks) Productivity calculations Firm "Veg-&-Fruit" wants to calculate the labor productivity of their workers who work in the fruit and vegetables section. They are responsible for various packaging tasks and putting products in, for example, boxes. Assume that you have available the information in the Table below. Also assume that each worker works 20 hours per week and that wages are 25 AED per hour for each worker. Overhead (e.g. electricity) is 1.5 times the weekly labor cost. Material cost is 20 AED per kilogram (kg). Use the provided Table to do the calculations Week Number of units (Output) Number of Workers Material required (kg) 980 26 1020 28 Now answer the following questions: a) Compute the multifactor productivity for week 1 and for week 2. (3 marks) b) What was the percentage change in productivity from week 1 to week 2.(2 marks)
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