AN 300 cheat sheet.docx - 1 Productivity can be improved by Decreasing inputs while holding outputs steady(Productivity= Output\/Input 2 Suppose that C&A

AN 300 cheat sheet.docx - 1 Productivity can be improved by...

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2. Suppose that C&A produced $100 Million worth of outputs while inputs totaled $50 Million in year 1. For which of the following values in year 2 would productivity decrease? – Outputs= $90 million, inputs = $50 million. P=O/I… 90/50=1.8. only one less than year 2. 3.A firm produces 500 units per day using five workers on a five-hour shift. On average, 15% of the units produced are defective and must be scrapped. What is the labor productivity?Check all that apply. 4.C&A bakery produces 1500 loaves of bread a month. Labor productivity is 2.344 loaves per labor-hour. Each worker works 160 hours per month for $8 per hour. Utility costs $500 per month. Ingredients cost $0.35 per loaf. What is C&A's multifactor productivity? – 0.244… Multifactor 5. Same question as above, but how many workers does C&A currently use? – 4. Inputs = Outputs/Productivity. 6. Same question as above, How many workers will C&A need to add in order to meet an anticipated 25% increase in bread demand? – 1. Inputs =
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