Calculate multi-factor productivity for the leather bag

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A faux leather bag manufacturing facility produces 2,000 bags per week (%1 of which are defective) using 11 workers, who work 8 hours a day (assume 5 working days per week). Each labor hour costs $16. Besides labor, the facility also uses two distinct machines: a cutting machine and a sewing machine, each operating 7 hours per day. Machining costs (including operating, maintenance and repair costs) $40 per machine hour. Additionally, the manufacturer uses $11,000 of material, $2,500 of energy per week, and spends approximately $800 on inspection, $2,200 on transportation and $1,100 on storage every week. Calculate multi-factor productivity for the leather bag manufacturing facility.

Reference no: EM132630142

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