About this document
Labor Productivity and MFP Analysis by Sk. Shahriar Rahman is a document available to read on EtoBox.
The document describes a company that manufactures shopping carts purchasing new equipment to reduce labor costs. Previously, 5 workers producing 80 carts per hour at $10 per hour plus $40 per hour in machine costs. With new equipment, 1 worker was transferred, output rose to 84 carts per hour, and machine costs increased to $50 per hour. Labor productivity increased from 16 to 21 carts per worker per hour. Multifactor productivity rose from 0.89 to 0.93 carts per dollar spent on labor and equipment costs.
- Author
- Sk. Shahriar Rahman
- Language
- EN