Solution-Newfound interest in efficiency

Newfound interest in efficiency

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Reference no: EM131383332

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	Now
Units Produced	1,200	1,200
Labor (hours)	300	260
Resin (pounds	60	45
Capital Invested ($)	10,000	11,000
Energy (BTU)	3,000	2,500

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

(enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).

Labor Productivity Change = X% Resin Productivity Change = X% Capital Invested Productivity Change = X % Energy Productivity Change = X %

Reference no: EM131383332

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Newfound interest in efficiency

Reference no: EM131383332

Reference no: EM131383332

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