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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 interested
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 increase in productivity. He has the following data representing a month from last year and an equivalent month this year:
tableLast Year,NowUnits Produced,Labor hoursResin poundsCapital Invested $Energy BTU
The productivity change for each of the inputs Labor Resin, Capital, and Energy is:
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