Dulac box plant produces wooden packing boxes

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Reference no: EM132242346

he Dulac Box plant produces wooden packing boxes to be used in the local seafood industry. Current operations allow the company to make 550 boxes per day, in two 8-hour shifts. The company has introduced some moderate changes in equipment, and conducted appropriate job training, so that production levels have risen to 698 boxes per day. Labor costs average $11 per hour for each of the 4 full-time workers on each shift. Capital costs were previously $2194 per day, and rose to $4520 per day with the equipment modifications. Energy costs were unchanged by the modifications, at $465 per day. What is the firm's multifactor productivity after the changes?

Reference no: EM132242346

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