Output and Input Costs

Labor Cost

Labor is one input-cost bucket in this deterministic snapshot.

highlighted = computed this step

Labor Cost

Labor cost is 1200.

labor cost=1200\text{labor cost} = 1200
Multifactor productivityThe chart compares output with the fixed input-cost buckets.multifactor productivityoutput 600; total input 2400; MFP 1/4caseoutputlabormaterialenergytotal inputMFPbase600120080040024001/4what-if720120080040024003/10baseoutput 600MFP 1/4what-ifoutput 720MFP 3/10labor 1200material 800energy 400total input 2400what-if MFP 3/10; gain 1/20