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XYZ Corp competes on cost and is concerned about its productivity falling below the industry benchmark multifactor productivity of 10.0. Their largest process produces 5000
XYZ Corp competes on cost and is concerned about its productivity falling below the industry benchmark multifactor productivity of 10.0. Their largest process produces 5000 units each week that sell for $100 each. Resources contributed to this output (for the entire week) are 1000 hours of labor, materials at $10,000, and overhead at $20,000. How much can XYZ Corp afford to pay workers (labor cost) per hour in order to meet industry benchmark multifactor productivity
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