It takes the Blacksburg shipyard twenty six weeks with 500 workers to build a small tanker. Material costs are $32 million and overhead costs are $2 million. Workers cost $40 per hour including benefits and work 40 hours per week
The ship sells for $75 million. What is the multifactor productivity ratio?
A) less than 1.0
B) greater than 1.0 but less than or equal to 2.0
C) greater than 2.0 but less than or equal to 3.0
D) greater than 3.0
B
Business
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Fill in the blank(s) with the appropriate word(s).
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Committing resources to one country usually means forgoing or delaying projects in others
Indicate whether the statement is true or false
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