A company has collected the data as shown in the table below for the factories it operates. The plants are of similar size and capacity. All data are in thousands of US$. Calculate the labor, capital and multifactor (including, labor, capital and materials) productivity for each plant for all years. Using the data in the table, plot plant A’s and B’s labor productivity on the same graph. Using the data in the table, plot plant A’s and B’s capital productivity on the same graph. Using the data in the table, plot plant A’s and B’s multifactor productivity on the same graph. Evaluate each factory’s performance overtime both independent of the other factory and relative to the other factory, what would you recommend?     West Bank Factory Gaza Strip Factory Year Sales Labor Capital Materials Sales Labor Capital Materials 2010 3480 178 870.5 1780 3510 180 878 2080 2011 3790 191 967 2030 3820 195 1023 2060 2012 4030 200.5 1050 2210 3960 200 1080 2105 2013 4060 199 1080 2180 4100 215 1117 2330 2014 4270 206 1160 2190 4290 217.5 1257 2430 2015 4580 218 1260 2410 4650 232.5 1200 2660 2016 4830 226 1360 2850 4750 240 1210 2440 2017 4890 225.5 1405 2750 4790 249.5 1290 2760 2018 5020 228 1470 2970 5040 252 1380 2920 2019 5050 226 1510 2990 5340 270 1450 3120 2020 5510 243 1680 3100 5630 290 1530 2960

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A company has collected the data as shown in the table below for the factories it operates. The plants are of similar size and capacity. All data are in thousands of US$.

  • Calculate the labor, capital and multifactor (including, labor, capital and materials) productivity for each plant for all years.
  • Using the data in the table, plot plant A’s and B’s labor productivity on the same graph.
  • Using the data in the table, plot plant A’s and B’s capital productivity on the same graph.
  • Using the data in the table, plot plant A’s and B’s multifactor productivity on the same graph.
  • Evaluate each factory’s performance overtime both independent of the other factory and relative to the other factory, what would you recommend?

 

 

West Bank Factory

Gaza Strip Factory

Year

Sales

Labor

Capital

Materials

Sales

Labor

Capital

Materials

2010

3480

178

870.5

1780

3510

180

878

2080

2011

3790

191

967

2030

3820

195

1023

2060

2012

4030

200.5

1050

2210

3960

200

1080

2105

2013

4060

199

1080

2180

4100

215

1117

2330

2014

4270

206

1160

2190

4290

217.5

1257

2430

2015

4580

218

1260

2410

4650

232.5

1200

2660

2016

4830

226

1360

2850

4750

240

1210

2440

2017

4890

225.5

1405

2750

4790

249.5

1290

2760

2018

5020

228

1470

2970

5040

252

1380

2920

2019

5050

226

1510

2990

5340

270

1450

3120

2020

5510

243

1680

3100

5630

290

1530

2960

 

 

 

 

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