Question 1 (a) Shown below are details on all variable inputs' unit cost and consumption rate used by Samsung Plasma TV factory in year 2010 and in year 2020. The TV output rate for each year, is also stated in this table. For year 2010 Consumption/Output rate Unit cost (S) TV 4400 TV per month Chemical 12 per liter per week 12.5 per per liter Plastic 122.4 per kg per year 12.3 per per kg For year 2020 Consumption/Output rate Unit cost (S) TV 43500 TV per year Chemical 38.4 per liter per month 12.5 per per liter Plastic 4.6 per kg per week 6.8 per per kg The factory operating schedule is assumed to be constant and is as follow; 3 weeks per month 10 months per year (1) Determine the multiproductivity for all inputs listed in the table, for year 2010. Keep two decimal point for all calculation. Please show calculation steps, as discussed in class, for partial credit. (6 marks) (ii) Determine the multiproductivity for all inputs listed in the table, for year 2020. Keep two decimal point for all calculation. Please show calculation steps, as discussed in class, for partial credit. (6 marks) (iii) Explain what does the multiproductivity value you determined in question aii, from the perspective of Samsung Plasma TV factory. (4 marks) (iv) Between multiproductivity in question ai and multiproductivity in question aii, which multiproductivity is deem "better". Justify your conclusion using the concept of productivity, (9 marks) Question 1 (a) Shown below are details on all variable inputs' unit cost and consumption rate used by Samsung Plasma TV factory in year 2010 and in year 2020. The TV output rate for each year, is also stated in this table. For year 2010 Consumption/Output rate Unit cost (S) TV 4400 TV per month Chemical 12 per liter per week 12.5 per per liter Plastic 122.4 per kg per year 12.3 per per kg For year 2020 Consumption/Output rate Unit cost (S) TV 43500 TV per year Chemical 38.4 per liter per month 12.5 per per liter Plastic 4.6 per kg per week 6.8 per per kg The factory operating schedule is assumed to be constant and is as follow; 3 weeks per month 10 months per year (1) Determine the multiproductivity for all inputs listed in the table, for year 2010. Keep two decimal point for all calculation. Please show calculation steps, as discussed in class, for partial credit. (6 marks) (ii) Determine the multiproductivity for all inputs listed in the table, for year 2020. Keep two decimal point for all calculation. Please show calculation steps, as discussed in class, for partial credit. (6 marks) (iii) Explain what does the multiproductivity value you determined in question aii, from the perspective of Samsung Plasma TV factory. (4 marks) (iv) Between multiproductivity in question ai and multiproductivity in question aii, which multiproductivity is deem "better". Justify your conclusion using the concept of productivity, (9 marks)
