What is multifactor productivity for these bicycle wheels

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Reference no: EM133894433

Assignment:

A company in Mexico makes bicycle wheels. They make 10,000 per day with the following resources:

Capital costs and overhead costs: $14,000 per day

Labour: 600 hours per day at $6.50 per hour

Raw Material: 1,000 kilograms of rubber per day at $1 per kilogram and 1,000 kilograms of aluminum per day at $2 per kilogram

Energy: $4000 per day

What is the labour productivity per labour-hour.
What is the multifactor productivity for these bicycle wheels?
If energy costs can be reduced by $1000 per day without any other changes or losses in productivity what is the percent change in multifactor productivity?
What would be the single most impactful change which to the cost of these resources that would improve your calculated multifactor productivity. Explain your answer with a numerical example.

Reference no: EM133894433

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