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Question d) pompe Malaysia. Currently, they owned five express buses that can accommodate 90,000 passengers per year. The company hired 15 workers to operate the

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Question d)

pompe Malaysia. Currently, they owned five express buses that can accommodate 90,000 passengers per year. The company hired 15 workers to operate the services. Workers work 10 hours per day for 25 working days per month. On average, they were paid RM12 per labour hour a) Calculate the company's single factor productivity 14 Marks b) Besides labor wages, the company also need to pay for the other expenditure costas shown in Table 2. Calculate multifactor productivity 18 Marks Table 2 Bus Operation Cost Description Cost Maintenance RM15,000 per month Fuel RM2,500 per day Operational permit RM24.000 per year Bus instalment RM480.000 per year c) Based on multifactor productivity, what is the minimum bus fare for a passenger, so that they can cover their operational cost? 13 Marks d) The company plan to replace all of their busses with a new luxury double-decker busses. The new busses could accommodate an additional 20% of the passengers. However, the operational permit is expected to increase to RM30.000 per year. Since the new bus using new engine technology, the fuel cost is expected to reduce by 10%. However, the yearly instalment will be increased to RM660,000. Should the company proceed with this plan if the labour and maintenance costs remain the same What will be the impact on productivity! pompe Malaysia. Currently, they owned five express buses that can accommodate 90,000 passengers per year. The company hired 15 workers to operate the services. Workers work 10 hours per day for 25 working days per month. On average, they were paid RM12 per labour hour a) Calculate the company's single factor productivity 14 Marks b) Besides labor wages, the company also need to pay for the other expenditure costas shown in Table 2. Calculate multifactor productivity 18 Marks Table 2 Bus Operation Cost Description Cost Maintenance RM15,000 per month Fuel RM2,500 per day Operational permit RM24.000 per year Bus instalment RM480.000 per year c) Based on multifactor productivity, what is the minimum bus fare for a passenger, so that they can cover their operational cost? 13 Marks d) The company plan to replace all of their busses with a new luxury double-decker busses. The new busses could accommodate an additional 20% of the passengers. However, the operational permit is expected to increase to RM30.000 per year. Since the new bus using new engine technology, the fuel cost is expected to reduce by 10%. However, the yearly instalment will be increased to RM660,000. Should the company proceed with this plan if the labour and maintenance costs remain the same What will be the impact on productivity

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