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LAST YEAR NOWUnits produced 1 , 0 0 0 1 , 0 0 0 Labor ( hours ) 3 0 0 2 7 5 Resin

LAST YEAR NOWUnits produced 1,0001,000Labor (hours)300275Resin (pounds)5045Capital invested ($)10,00011,000Energy (BTU)3,0002,850
Show the productivity percentage change for each category and then determine the improvement for labor-hours, the typical standard for comparison. [PX]
1.6George Kyparisis (using data from Problem 1.5) determines his costs to be as follows:
Labor: $10 per hour
Resin: $5 per pound
Capital expense: 1% per month of investment
Energy: $0.50 per BTU
Show the percent change in productivity for one month last year versus one month this year, on a multifactor basis with dollars as the common denominator.

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