For the following problem calculate the labor productivity improvement from year 1 to year 2. Year 1
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For the following problem calculate the labor productivity improvement from year 1 to year 2.
Year 1 Year 2 Annual Inflation Output (sales) $million $103.4 $108.4 2%
Labor (payroll) $million $ 19.6 $ 22.4 3%
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Related Book For 
Operations Management In The Supply Chain Decisions And Cases
ISBN: 9781260571431
8th Edition
Authors: Schroeder, Roger G., Goldstein, Susan Meyer
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