George kyparisis makes bowling balls in his miami plant
George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of a 3% increase in productivity. He has the following data representing a month from last year and an equivalent month this year:
|
|
Last year |
Now |
|
Units Produced |
1,200 |
1,200 |
|
Labor (hours) |
300 |
260 |
|
Resin (pounds |
60 |
45 |
|
Capital Invested ($) |
10,000 |
11,000 |
|
Energy (BTU) |
3,000 |
2,500 |
The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is:
(enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).
Labor Productivity Change = X% Resin Productivity Change = X% Capital Invested Productivity Change = X% Energy Productivity Change = X%
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Rating:
/5
