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George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency George is
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 48 Capital Invested (5) Energy (BTU) 8,500 12,500 2,900 2,500 The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is Labor Productivity Change 15.5 % (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary) Resin Productivity Change 25% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary) Capital Invested Productivity Change -% (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary)
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