Home /
Expert Answers /
Operations Management /
problem-1-20-points-compute-the-multifactor-productivity-measure-for-each-of-the-weeks-shown-fo-pa739
(Solved): Problem 1 ( 20 points) Compute the multifactor productivity measure for each of the weeks shown fo ...
Problem 1 ( 20 points) Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. Assume 40-hour weeks and an hourly wage of \( \$ 16 \). Overhead is \( 1.5 \) times weekly labor cost. Material cost is \( \$ 9 \) per pound. (Round your answers to 2 decimal places.)
Expert Answer
Answer: MFP for Week 1 = 1.70 MFP for Week 2 = 1.79 MFP for Week 3 = 1.64 MFP for Week 4 = 2.04 Explanation: Given that, Number of working hours per week = 40 Hourly wage rate = $16 Weekly labor cost per worker = Number of working hours per week x Ho