Question
Profile Productivity Measurement Objective In 20x2, Choctaw Company implements a new process affecting labor and materials. The following reported data are provided to evaluate the
Profile Productivity Measurement Objective
In 20x2, Choctaw Company implements a new process affecting labor and materials. The following reported data are provided to evaluate the effect on the companys productivity:
20x1 | 20x2 | |
Number of units produced | 690,000 | 330,000 |
Labor hours used | 172,500 | 66,000 |
Materials used (lbs.) | 1,725,000 | 733,333 |
Required:
1. Calculate the productivity profile for 20x1. If required, round your answers to two decimal places.
Partial Operational Productivity Ratios | 20x1 Profile |
Labor productivity ratio | |
Material productivity ratio |
2. Calculate the productivity profile for 20x2. If required, round your answers to two decimal places.
Partial Operational Productivity Ratios | 20x2 Profile |
Labor productivity ratio | |
Material productivity ratio |
3. What if the labor hours used in 20x2 were 103,500? What does comparison of the 20x1 and 20x2 profiles now communicate? If required, round your answers to two decimal places.
Partial Operational Productivity Ratios | 20x1 Profile | 20x2 Profile |
Labor productivity ratio | ||
Material productivity ratio |
Profile Productivity Measurement Objective In 20x2, Choctaw Company implements a new process affecting labor and materials. The following reported data are provided to evaluate the effect on the company's productivity: 20x1 20x2 Number of units produced Labor hours used Materials used (lbs.) 690,000 172,500 1,725,000 330,000 66,000 733,333 Required: 1. Calculate the productivity profile for 20x1. If required, round your answers to two decimal places. Partial Operational Productivity Ratios 20x1 Profile Labor productivity ratio Material productivity ratio 2. Calculate the productivity profile for 20x2. If required, round your answers to two decimal places. Partial Operational Productivity Ratios 20x2 Profile Labor productivity ratio Material productivity ratio 3. What if the labor hours used in 20x2 were 103,500? What does comparison of the 20x1 and 20x2 profiles now communicate? If required, round your answers to two decimal places. 20x1 Profile 20x2 Profile Partial Operational Productivity Ratios Labor productivity ratio Material productivity ratio
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started