1. A bottling company on a daily basis produces 5,000 bottles of soda’s in one day with each bottle Soda valued at $1. Labor cost was $300, Material cost was $90 and Overhead was $300. Determine the multi factor productivity. The company used to produce 6000 bottles per day before with same costs, What was the productivity growth?
2. A Hospital in local area that has frequent power outages has a generator to run its power incase if there is a power failure. The local power company has a reliability of .92 and the generator in the Hospital has a reliability of .83, Determine the probability that the Hospital will have power?