please show work Two hours open te questions (I, III). Equal credit I The manage

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please show work

Two hours open te questions (I, III). Equal credit I The manager of a crew that installs wood noors has tracked the crew's over the past several weeks. Each worker works 17 hours per week, and eams SIS per hour. The wholesale cost of to the company is So per square foot, and the company charges its customers S18 per foot of nooring 220 200 a. Calculate labor productivity for each of the weeks shown, b Suppose that in addition to labor cost and wholesale lumber cost,the fimis overhead is 190% of its labor cost. Calculate multifactor productivity for each week.

Explanation / Answer

a) Labor productivity is measured as output per labor input. So it is calculated by dividing the output (flooring installed in sqft) by labor input (total labor hours).

b) multifactor productivity is a measure of output versus all the combined inputs : material, labor, overhead, capital etc. In this case, multifactor productivity is measured by diviging the output (flooring installed in sqft) by the combined total cost of inputs (labor cost, wholesale lumber cost, overhead cost)

Week Crew Size Lumber used Total labor hours Flooring installed (sqft) Labor productivity (sqft per hour) 1 4 480 148 420 2.838 2 3 351 111 325 2.928 3 2 220 74 200 2.703

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