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Carbondale Casting produces cast bronze valves on a 10-person assembly line. On a recent day, 160 valves were produced during an 8-hour shift.
a) Calculate the labor productivity of the line.
b) John Goodale, the manager at Carbondale, changed the layout and was able to increase production to 180 units per 8-hour shift. What is the new labor productivity per labor-hour?
c) What is the percentage of productivity increase?
Digging Deep Company's common stock is currently selling for $117,96 per share. Next year, the company dividen is expected to be $12.06 per share. The projected growth at a rate of dividends for this stock is 5.55 percent per year.
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