George Kyparisis makes bowling balls in his Miami plant. With recent increases i

Question

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 1,200 280 48 Now 1,200 255 43 Cost Per Input Unit Units Produced Labor (hours) Resin (pounds) Capital Invested (S) Energy (BTU) $12 per hour S5 per pound 1% per month S0.60 per BTU 10,000 11,000 2,900 2,750 -D% (enter The percent change in productivity for one month last year versus one month this year on a multifactor basis with dollars as the common denominator = your response as a percentage rounded to two decimal places)

Explanation / Answer

LY N Last Year $ value = Rate *LY Now $ value = Rate *N Rate U Units 1200 1200 Labor 280 3360 255 3060 12 Resin 48 240 43 215 5 Capital 10000 100 11000 110 1% Energy 2900 1740 2750 1650 0.6 T=L+R+C+E Total 5440 5035 Productivity U/T 0.220588235 Units/$ 0.238331678 Units/$ A B Change B-A 0.017743443 Percent change (B-A)/A 8.04% Ans

Related Questions

Navigate

• Browse (All)
• Browse G
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.