A manufacturing firm uses two measures of productivity: a. Total sales/Total inputs b. Total sales/Total labor inputs

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A manufacturing firm uses two measures of productivity:

a. Total sales/Total inputs

b. Total sales/Total labor inputs

Given the data for the last three years below, calculate the productivity ratios. How would you interpret the results? All figures are in dollars.

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Operations And Supply Chain Management

ISBN: 9780357131695

2nd Edition

Authors: David A. Collier, James R. Evans

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Question Posted: Feb 10, 2023 05:44 AM

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A manufacturing firm uses two measures of productivity: a. Total sales/Total inputs b. Total sales/Total labor inputs

Question:

Sales Materials Labor Overhead Year 1 $110 62 28 8 Year 2 $129 73 33 12 Year 3 $124 71 28 10

Step by Step Answer:

The results are Total productivity decreased in y...View the full answer

Operations And Supply Chain Management

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