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The Total Output from a Production System in One Day

question 10

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The total output from a production system in one day is 900 units and the total labor necessary to produce the 900 units is 900 hours. Using the appropriate productivity measure, what is the resulting productivity ratio?


Definitions:

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The act of exchanging a product or service for money or other compensation; it involves transferring ownership of an item or service from one party to another.

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A hypothetical or actual company specializing in the importation and distribution of crystal and glassware products.

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A company that transports goods or persons for compensation and offers its facilities to the general public without discrimination. Compare contract carrier.

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