Which of the Following Is a Multifactor Measure of Productivity

question 32

Multiple Choice

Which of the following is a multifactor measure of productivity?

• A)Output/(Materials)
• B)Output/(Labor + Capital + Energy)
• C)Output/All resources used
• D)Output/Inputs
• E)All of the above

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Definitions:

Machine-Hours

A measure of the amount of time machines are used in the production process, often related to the allocation of manufacturing overhead.

Direct Labor-Hours

The total hours of labor directly involved in the production of goods or services, used as a basis for assigning labor costs to products.

Forming

A manufacturing process that involves shaping and combining materials to create a product.

Customizing

The process of modifying products or services to meet specific customer needs or preferences.