Labor Productivity Is Calculated By

question 12

Multiple Choice

Labor productivity is calculated by:

• A) outputs/direct labor.
• B) outputs minus direct labor.
• C) inputs/direct labor.
• D) outputs × direct labor/inputs.
• E) direct labor/outputs.

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Definitions:

Relative Frequency

The frequency with which an event occurs as a proportion of the total number of trials or observations.

Total

A statistic specifying the number of items in a class or the sum of their values on a variable.

Ratio

A statistic specifying the number of items in a class, or the sum of their values on a variable, per unit of some other class; a ratio is a total expressed in relative terms.

Total

The complete amount or sum of parts or units in a collection.