Profile Productivity Measurement Objective In 2015, Choctaw Company implements a

Question

Profile Productivity Measurement Objective In 2015, Choctaw Company implements a new process affecting labor and materials. The following reported data are provided to evaluate the effect on the company’s productivity: 2014 2015 Number of units produced 510,000 480,000 Labor hours used 127,500 96,000 Materials used (lbs.) 1,020,000 872,727

Required: 1. Calculate the productivity profile for 2014. If required, round your answers to two decimal places. Partial Operational Productivity Ratios 2014 Profile

Labor productivity ratio

Material productivity ratio

2. Calculate the productivity profile for 2015. If required, round your answers to two decimal places. Partial Operational Productivity Ratios 2015 Profile

Labor productivity ratio

Material productivity ratio

3. What if the labor hours used in 2015 were 133,500? What does comparison of the 2014 and 2015 profiles now communicate? If required, round your answers to two decimal places. Partial Operational Productivity Ratios 2014

Labor productivity ratio

Material productivity ratio

Profile 2015 Profile

Labor productivity ratio

Material productivity ratio

Explanation / Answer

Part 1 and 2 2014 2015 Unit Produced 510000 480000 Labor Hour 127500 96000 Material 1020000 872727 Labor Productivity Ratio 4 5 Total Output/Total Input (Hours) Material Productivity Ratio 2 1.82 Total Output/Total Input (Material Part 3 2014 2015 Unit Produced 510000 480000 Labor Hour 127500 133500 Material 1020000 872727 Labor Productivity Ratio 4 3.60 Total Output/Total Input (Hours) Material Productivity Ratio 2 1.82 Total Output/Total Input (Material

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