Question
Helena Company needs to increase its profits and so has embarked on a program to increase its overall productivity. After one year of operation, Kent
Helena Company needs to increase its profits and so has embarked on a program to increase its overall productivity. After one year of operation, Kent Olson, manager of the Columbus plant, reported the following results for the base period and its most recent year of operations:
20x1 | 20x2 | |
Output | 186,000 | 217,400 |
Power (quantity used) | 18,600 | 11,100 |
Materials (quantity used) | 46,500 | 48,200 |
Required:
1. Compute the productivity profiles for each year. If required, round your answers to two decimal places.
20x1 | 20x2 | |
Power | fill in the blank 1 | fill in the blank 2 |
Materials | fill in the blank 3 | fill in the blank 4 |
2a. Did productivity improve?
YesNo
2b. Explain why or why not.
An increase in output-input ratios reflects a productivity improvementA decrease in output-input ratios reflects a productivity improvementAn increase in output signals a productivity improvement
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