1.5 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 3% increase in productivity per ycar? He has the following data representing a month from last year and an equivalent month this year: LAST YEAR NOW Units produced 1.000 1.000 Labor (hours) 300 275 Resin (pounds) 50 45 Capital invested (S) 10.000 11.000 Energy (BTU) 3.000 2.850 Show the productivity percentage change for cach category and then determine the improvement for labor-hours, the typical standard for comparison. PX .• 1.6 George Kyparisis (using data from Problem 1.5) determines his costs to be as follows: • Labor: S10 por hour • Resin: S5 per pound • Capital cxpcnse: 1% per month of investmont Encrgy: S0.50 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, Px

1.5 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 3% increase in productivity per ycar? He has the following data representing a month from last year and an equivalent month this year: LAST YEAR NOW Units produced 1.000 1.000 Labor (hours) 300 275 Resin (pounds) 50 45 Capital invested (S) 10.000 11.000 Energy (BTU) 3.000 2.850 Show the productivity percentage change for cach category and then determine the improvement for labor-hours, the typical standard for comparison. PX .• 1.6 George Kyparisis (using data from Problem 1.5) determines his costs to be as follows: • Labor: S10 por hour • Resin: S5 per pound • Capital cxpcnse: 1% per month of investmont Encrgy: S0.50 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, Px

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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