54. Construct a suitable productivity index from the following information anc nterpret your result : Items Man-hours per unit Units Produced in 2016 2016 2017 20,000 0.5 0.4 2,000 5.0 4.5 1,000 2.0 1.75
54. Construct a suitable productivity index from the following information anc nterpret your result : Items Man-hours per unit Units Produced in 2016 2016 2017 20,000 0.5 0.4 2,000 5.0 4.5 1,000 2.0 1.75
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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Question
![54. Construct a suitable productivity index from the following information and
interpret your result :
Items
Units Produced in
2016
Man-hours per unit
2017
2016
20,000
0.5
0.4
2,000
5.0
4.5
1,000
2.0
1.75
500
1.5
1.5](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd7056777-2d0f-41b0-97b3-c1812ba9eb17%2F7812e5c2-e837-4706-b763-7b4c32cab4f8%2Fiva0gxi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:54. Construct a suitable productivity index from the following information and
interpret your result :
Items
Units Produced in
2016
Man-hours per unit
2017
2016
20,000
0.5
0.4
2,000
5.0
4.5
1,000
2.0
1.75
500
1.5
1.5
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