The total output from a production system in one day is 500 units and the total labor necessary to produce the 500 units is 350 hours. Using the appropriate productivity measure, which of the following numbers represents the resulting productivity ratio? a) 1.000b) 1.428c) 0.411d) 0.700e) None of the above

Question

Business

Anderson Peters

19 February, 08:36

The total output from a production system in one day is 500 units and the total labor necessary to produce the 500 units is 350 hours. Using the appropriate productivity measure, which of the following numbers represents the resulting productivity ratio? a) 1.000b) 1.428c) 0.411d) 0.700e) None of the above

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Answers (1)

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Dustin Myers · Answer 1

b) 1.428

Explanation:

Given that

Number of units produced = 500 units

Total labor hours = 350 hours

The computation of the productivity ratio is presented below:

= Number of units produced : total labor hours

= 500 units : 350 hours

= 1.428

By dividing the number of units produced by the total labor hours to get the productivity ratio