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The German manufacturer Volvo highlighted in the case is concerned that the new V5 requires extra labor hours for its production. The company wants therefore

The German manufacturer Volvo highlighted in the case is concerned that the new V5 requires extra labor hours for its production. The company wants therefore to conduct an assessment to determine if there can be any potential of a 25% increase in productivity from the inputs used for the proposed change from the V4 to the V5 model. Make use of relevant data and illustrations when responding to this

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