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pls let me know labor,resin,capital, energy. all answer.! George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has
pls let me know labor,resin,capital, energy. all answer.!
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 1,500 1.500 Labor (hours) 300 250 Resin (pounds) 55 48 Capital Invested ($) 8,500 12,000 Energy (BTU) 2,900 2,850 The productivity change for each of the inputs (Labor, Resin, Capital, and Energy) is: Labor Productivity Change = % (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary)Step by Step Solution
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