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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Please answer the PRODUCTIVITY problems and show the solution. Thanks
![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 ($)
Energy (BTU)
1,000
1.000
300
50
10,000
3,000
275
45
11,000
2,850
Show the productivity percentage change for each category and
then determine the inmprovement for labor-hours, the typical stan-
dard for comparison.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd93902b6-087a-4d2b-b820-f99cc33a2a56%2F9a83fd09-273b-4134-b6fe-132e0695aeb7%2Fbprn888_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1.6 Eric Johnson makes billiard balls in his New England
plant. With recent increases in his costs, he has a newfound interest
in efficiency. Eric is interested in deterrnining the productivity of his
organization. He would like to know if his organization is maintain-
ing the manufacturing average of 3% increase in productivity. He
has the following data representing a month from last year and an
equivalent month this year:
Last Year
Now
Units produced
Labor (hours)
Resin (pounds)
Capital invested ($)
Energy (BTU)
1,000
1.000
300
50
10,000
3,000
275
45
11,000
2,850
Show the productivity percentage change for each category and
then determine the inmprovement for labor-hours, the typical stan-
dard for comparison.
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