Question 1 Shown below are details on all variable inputs consumed by Samsung Plasma TV factory in 2014. At these consumption rates, the plant was able to produce 100 TVs per day. (a) Unit cost ($)...

Extracted text: Question 1 Shown below are details on all variable inputs consumed by Samsung Plasma TV factory in 2014. At these consumption rates, the plant was able to produce 100 TVs per day. (a) Unit cost ($) Consumption rate 100 ton per day ton per week labor hour per month Plastic 4 |per ton Chemical 60 2 per ton Labor 80 10 per hour Assume that all unit cost is constant and the factor operates 10 hours per day, 6 days per week and 3 weeks per month. (i) Determine the productivity of Labor-hour (ii) Determine the multi productivity of Chemical and Plastic. (iii) The Operations Manager wants to increase productivity of the Samsung Plasma TV. According to the concept of Productivity Measure as discussed in chapter 1, describe TWO (2) approaches where productivity of the Samsung Plasma TV can be increased. Explain your conclusion.