Question
Profile Productivity Measurement Objective In 2015, Choctaw Company implements a new process affecting labor and materials. The following reported data are provided to evaluate the
Profile Productivity Measurement Objective In 2015, Choctaw Company implements a new process affecting labor and materials. The following reported data are provided to evaluate the effect on the companys productivity: 2014 2015 Number of units produced 510,000 480,000 Labor hours used 127,500 96,000 Materials used (lbs.) 1,020,000 872,727
Required: 1. Calculate the productivity profile for 2014. If required, round your answers to two decimal places. Partial Operational Productivity Ratios 2014 Profile
Labor productivity ratio
Material productivity ratio
2. Calculate the productivity profile for 2015. If required, round your answers to two decimal places. Partial Operational Productivity Ratios 2015 Profile
Labor productivity ratio
Material productivity ratio
3. What if the labor hours used in 2015 were 133,500? What does comparison of the 2014 and 2015 profiles now communicate? If required, round your answers to two decimal places. Partial Operational Productivity Ratios 2014
Labor productivity ratio
Material productivity ratio
Profile 2015 Profile
Labor productivity ratio
Material productivity ratio
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