Labor Productivity
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An electronics company makes communications devices for military contracts. The company just completed two contracts. The navy contract was for 2,300 devices and took 25 workers two weeks (40 hours per week) to complete. The army contract was for 5,500 devices that were produced by 35 workers in three weeks. On which contract were the workers more productive?
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Solution Summary
Solution carries various calculations to find out the contract which has more productive labor.
Solution Preview
Please refer attached file for better clarity of formulas.
Solution:
Contract 1
Total output=Q=2300 devices
Number of workers=n=25
Hours per ...
Education
- BEng (Hons) , Birla Institute of Technology and Science, India
- MSc (Hons) , Birla Institute of Technology and Science, India
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