Answer to Question #282451 in Microeconomics for Ashes

Question

The estimated production of an organisation is 500000 units. The standard man hours required to produce each unit is 5 hours. The past experience show that the workability of each employee in a man hours is 2000 hours per year . How many workers are required to produce estimated units

Answer 1

Total Production=500,000 Units

Man hours per unit= 5hours

Total number of hours required to produce the 500,000 units

$=500000*5= 2,500,000 Hours$

Hours per employee per year= 2000 Hours

$No. of employees required to produce 500,000 units= Total number of hours required to produce the 500,000 units/Hours per employee per year = 2,500,000/2000 =1250 Workers$