1.6 Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in deterrnining the productivity of his organization. He would like to know if his organization is maintain- ing the manufacturing average of 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 Labor (hours) Resin (pounds) Capital invested ($) Energy (BTU) 1.000 1,000 275 300 50 10,000 45 11,000 2,850 3,000 Show the productivity percentage change for each category and then determine the inmprovement for labor-hours, the typical stan- dard for comparison.

1.6 Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in deterrnining the productivity of his organization. He would like to know if his organization is maintain- ing the manufacturing average of 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 Labor (hours) Resin (pounds) Capital invested ($) Energy (BTU) 1.000 1,000 275 300 50 10,000 45 11,000 2,850 3,000 Show the productivity percentage change for each category and then determine the inmprovement for labor-hours, the typical stan- dard for comparison.

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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