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Business, 13.06.2020 17:57 heyitzmeamelie

It takes the Kwinzee shipyard six months (1 month = 4 weeks) with 500 workers to build a small tanker. Material costs are $32 million and overhead costs are $2 million. Workers cost $40 per hour including benefits and work 40 hours per week. The ship sells for $75 million. What is the multifactor productivity ratio? (assuming that the output is measured by its value)

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It takes the Kwinzee shipyard six months (1 month = 4 weeks) with 500 workers to build a small tanke...
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