Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric 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% incease in productivity. He has the following data representing a month from last year and quivalent month this year-

Last Year Now

Units Produced 1,200 1,200
Labor (hours) 300 260
Resin (pounds) 50 45
Capital Invested ($) 10,000 12,500
Energy (BTU) 3,000 2,500

The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is

a) Labor Productivity Change = _____%

b) Resin Productivity Change = _____%

c) Capital Invested Productivity Change = ______%

d) Energy productivity change = ______%

Posted Date: 2/14/2014 11:14:00 PM | Location : United States

Ask an Expert

Related Discussions:- Compute labor productivity change, Assignment Help, Ask Question on Compute labor productivity change, Get Answer, Expert's Help, Compute labor productivity change Discussions

Write discussion on Compute labor productivity change
Your posts are moderated

Write your message here..

Related Questions

Describe possible ways that a company could benefit, Discuss possible ways ... Discuss possible ways that a company could benefit from making customers more aware of environmental laws. Provide specific examples to support your rationale. Based on what you

Production, What do you understand by “line balancing”? What happens if bal... What do you understand by “line balancing”? What happens if balance doesn’t exist?

Find estimated costs for each of the three product, Madden Industries manuf... Madden Industries manufactures three models of a product in a single plant with two departments cutting and assembly. The company has estimated costs for each of the three product

Explain first step in your data analytical project, Your final project enta... Your final project entails systematic extraction of decision-aiding insights out of a dataset provided to you in the Doc Sharing area. This project will provide you with hands-on e

Expected cost of sell the nursing home, Beverly Enterprises owns a nursing ... Beverly Enterprises owns a nursing home that is currently earning $2.0 million in cash flow on an annual basis, but this amount is expected to drop in the future. The nursing home

Explain dummy activity, Explain Dummy Activity. Every project has a num... Explain Dummy Activity. Every project has a number of job operations or tasks that are termed as activities.  An activity is a component of a project and this may be a process,

Supply chain with demand, Southern Fresh has decided to make a policy that ... Southern Fresh has decided to make a policy that every product will receive enough shelf space to ensure that 98.75 percent of customers will find that their first choice is availa

Kanban scheduling system for lean and just in time, Kanban Scheduling Syste... Kanban Scheduling System for Lean and Just in Time The ideal lot size is one - how many can we work on at one time? - usually one. Even in batch production, only one item in t

Formulate a problem as a linear programming problem, The Grand Valley Compa... The Grand Valley Company, run by the J. Motwani family, produces two products: bed mattresses and box springs. A prior contract requires that the firm produce at least 30 mattresse

Hidden markov models, Hidden Markov Models: We discussed an example of... Hidden Markov Models: We discussed an example of determining the most probable state path with the Viterbi algorithm. We also discussed in the class how to calculate the margi