Multiple Choice
A company estimates that it spends $2,000 in labor costs to produce 450 units of product. Calculate the company's labor productivity ratio (with appropriate units) .
A) 0.23 labor $/units
B) 4.44 labor $/units
C) 4.44 units/labor $
D) 0.23 units/labor $
Correct Answer:
Verified
Correct Answer:
Verified
Q23: Customer demand for ethical and environmental performance
Q24: The mission statement of Nike is "To
Q25: Sustainability initiatives can positively influence a company's
Q26: Average number of defects per unit would
Q27: The use of big data and big
Q29: A customer service-oriented purchasing strategy is likely
Q30: A chain of coffee shops has recently
Q31: It is critical that organizations monitor their
Q32: Flexibility is associated with which of the
Q33: Increasing productivity may lead to overall company