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Which of the following is NOT true of a measure of productivity? Typically expressed as a ratio of outputs versus unit inputs consumed Can be
Which of the following is NOT true of a measure of productivity?
Typically expressed as a ratio of outputs versus unit inputs consumed
Can be expressed as labor content per unit output
Can be used to measure process efficiency
Used to quantify the true labor cost resulting from a location decision Is used as the sole factor of the location decision
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