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Snacknow,a Food Service Firm,is Calculating Its Monthly Productivity Report

question 67

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Snacknow,a food service firm,is calculating its monthly productivity report.From the following data calculate the multifactor productivity. Labor rate $20
Units produced 10,000
Labor hours 1,000
Cost of materials $2000
Cost of energy $500


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Stimulus

Any external event or circumstance that has the potential to elicit a reaction from our sensory systems or psychological responses.

Response

The reaction of an organism or system to a specific stimulus or situation.

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