Business, 22.01.2020 01:31 pronces

George kyparisis makes bearing balls in his miami plant. with recent increases in his costs, he has a newfound interest in efficiency. george is interested in determining the productiity 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 cost per input unit
units produced 1,000 1,000
labor (hours) 280 255 $12
resin (pounds) 48 43 $5
capital invested ($) 9,000 10,000 1%
energy (btu) 2,900 2,750 $0.50

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 = %?

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George kyparisis makes bearing balls in his miami plant. with recent increases in his costs, he has...

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