I. The manager of a crew that paints offices in high rise buildings has tracked the crew’s output over the past two weeks and this appears below.
The number of weekly crew members varies and can be as few as four or as many as six painters in a week. Each worker works 30 hours per week and earns $23 per hour. The wholesale cost of paint to the company is $10 per gallon. The overhead cost rate to the company is 100%, and the company charges its business clients $3 per square foot painted.
Week Data
Week
Crew Size
Gallons of paint used
Sq ft of Offices Painted
1
6
240
22000
2
4
180
17500
Calculate labor productivity for each week. Identify which crew size has the higher productivity.
Calculate multifactor productivity for each week. Identify which crew shas the higher multifactor productivity.
extra credit 5 points. Calculate the profit for the company (total revenue – total cost)
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